India's crude oil import sources face supply disruption risks

India's crude oil import sources face supply disruption risks. Middle East supplies 80% of India's crude, making refiners vulnerable to geopolitical tensions. Any major disruption could spike input costs and widen CAD to 3.5% of GDP. Refinery margins may compress by 15–20% if alternative sources aren't secured.
📊 STOCKS: IOCL, HPCL, BPCL | 🏢 SECTOR: Energy | #HIGHIMPACT #CrudeOil