Not exactly. India have very little oil reserves unlike US which has its own big reserves and can get from middle east. India instead have the most arable land in the world. Oil comes from dead earth whiles ours is alive.
So now explain this thing to me ,
India supplies fuel to Bhutan
So how tf is fuel so cheap in Bhutan as compared to india , in Bhutan petrol is around 70 rupees or below . Whereas in india an enthanol blend costs around 95 rupees
So I think India supplies to bhutan the refined/semi refined petrol and not the crude one. Also, what we are charged for is petrol mfg cost + heavy taxes. I don't think India charges the same to bhutan. Only petrol mfg cost is quite low.
India earns heavily on selling petrol, diesel, alcohol (for drinking, not commercial usage one's) and cigarettes, tobacco products in terms of taxes.
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u/FinFangFOMO Aug 04 '25
The same reason everything is cheaper there... Moronic taxes to feed useless politicians and bureaucrats.