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Hormuz crisis adds $22 bn to India's fossil fuel import costs: CREA

India incurred an estimated $22 billion in gross additional fossil-fuel import costs between March and August 2026, following the Hormuz crisis | Image: Bloomberg Don't miss the most important news and views of the day. Get them on our Telegram channel First Published: Aug 28 2026 | 12:53 PM IST Source: Read the original article […]

By deepak · August 28, 2026 · 1 min read

India incurred an estimated $22 billion in gross additional fossil-fuel import costs between March and August 2026, following the Hormuz crisis | Image: Bloomberg

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Aug 28 2026 | 12:53 PM IST

Source: Read the original article on www.business-standard.com

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