Cut oil demand, hedge imports: A practical path to India’s energy security | Expert Views
 India’s oil imports (in volume terms) have, in fact, been decelerating. Against an annual average growth rate of 10.8 per cent during 2005-06 to 2009-10, crude oil imports grew by 1.9 per cent during 2020-21 to 2024-25. Net oil imports, which rose at an annual average rate of 8.3 per cent during 2005-06…