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Oil and Gas Sector Faces Squeeze from High Prices

Geopolitics

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Oil and Gas Sector Faces Squeeze from High Prices

India's oil and gas sector is feeling the heat! High crude and LNG prices are squeezing profits like a lemon at a juice stand. While some refining is still profitable, oil marketing companies are struggling to keep afloat. They can't pass costs to consumers, leaving them in a tough spot. It's like a hangover that just won't go away!