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India’s crude oil import basket price rises by almost 12% m-o-m to surpass $100 per barrel psychological mark

The current price is the highest since June; the Indian basket crude price averaged $82.04 per barrel in July against $83.22 during June

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A sharp rise in crude oil prices has once again raised concerns about the price of petrol and diesel. Brent crude has surpassed $100 per barrel, while India imports more than 88% of its crude oil needs.

How much impact will crude oil crossing $100 have on petrol and diesel prices? Will petrol and diesel become more expensive in India? Learn the full details of crude oil prices, government policies, and the impact on the common man. Crude oil crosses $100! What will happen to petrol and diesel prices now—how much will it affect your pocket? Petrol and diesel prices: International market…

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The Hindu Business Line broke the news in Chennai, India on Wednesday, September 9, 2026.
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