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Oil Analyst Warns High Crude Prices May Pressure Indian Aviation Margins and Demand

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Oil Analyst Warns High Crude Prices May Pressure Indian Aviation Margins and Demand

New Delhi: If the crude oil prices stay elevated, losses will become harder to absorb as Indian aviation is more sensitive, stated Sparta Commodities Senior Oil Analyst Abhishek Kumar. In an exclusive conversation with ANI, he said, "If the fuel shock stays elevated, the risk is that losses become harder to absorb, flights are cancelled, and government intervention may be…

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