- India imports over 80% of its crude oil requirement. - Global events (geopolitical issues, production decisions by oil cartels like OPEC+) directly impact import costs and energy security. - Supply chain vulnerabilities can arise from geopolitical instability, trade routes disruption, etc.
What challenges does India face in managing its oil consumption ?
Asked in APPSC Group II Mains paper 2 2025 · Topic: Industrial Sector (Challenges and Issues in Indian Industry (Capacity Utilization, Infrastructure bottlenecks, Stagnation))
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Answer: C. Supply chain disruptions and fluctuating global oil prices
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