Policymakers need to be vigilant of evolving global crude price dynamics impact: RBI

IANS | July 24, 2025 10:24 AM

New Delhi, July 24 (IANS) While active government intervention has contained spillover to domestic oil prices, policymakers need to be vigilant and cautious of the direct and indirect impact of the evolving global crude price dynamics through continuous assessment, given India’s increasing dependence on crude oil imports, the Reserve Bank of India (RBI) has stressed.