Iran War Pushes India's Crude Oil Basket to $85/barrel, A 19-month High
Policy framework or directive — a strategic document setting direction, principles, and objectives for governance. Guides the design of schemes, legislation, and implementation strategies.
Summary
The price of the Indian basket of crude oil rising to $85.24 per barrel on March 4, the highest level since July 2024.
Key Facts
Type Policy
Source NDTV India News (RSS)
Published Friday, 6 March 2026
Affected Population ~350 million BPL population, 140 million elderly
Key Numbers
PM-JAY: 55 crore beneficiaries
MGNREGA: Rs 86,000 crore annual outlay
NSAP pensions: 3 crore beneficiaries
500 GW non-fossil fuel capacity target by 2030
Key Authorities
Key Stakeholders
Government Context
NDA III BJP-led NDA
Left Centre Right