India's Energy Import Bill Surges 82% Amid Rising Oil Prices

In May 2026, India's energy import bill rose sharply to $18.7 billion, an increase of 81.6% compared to the same period in 2025 due to higher oil and gas prices driven by Middle East conflicts disrupting supply routes.

By Tsvetana Paraskova Thu, June 18, 2026 at 2:30 PM GMT+3 2 min read · Yahoo Finance · June 18, 2026, 11:30 UTC

India's Energy Import Bill Surges 82% Amid Rising Oil Prices

Topics: energy imports Middle East conflict oil prices trade deficit

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