Latest Imported Oil News & Updates

New Delhi, April 21 (IANS) Union Road Transport and Highways Minister Nitin Gadkari on Tuesday said India should aim to achieve 100 per cent ethanol blending for use as auto fuel in the near future, to cut dependence on imported oil, which made the country vulnerable to disruption in energy supplies amid geopolitical uncertainties such as the Iran war.The minister pointed out that India relies on imports to meet 87 per cent of its oil requirement.”We import fossil fuels worth Rs 22 lakh crore, w…