A big problem for India..? Will India be saved?

Sowmiya Sriram
A big problem for India..?  Will india be saved?
 
The largest oil importer in the world is India. So the impact on the international market is something that will be felt very badly and immediately in India. indonesia temporarily suspends exports due to domestic shortages. In this case, there are fears that Indonesia's announcement will further increase the ban. In such an environment comes the concern of what the price of oil will be. It has been reported that the ban could be extended for the next few weeks and end at the end of May.
However, it is only becoming clear that inflation for a few more weeks is sure to haunt people. indonesia will be able to tackle its cooking oil shortages in the next few weeks, according to the announcement. The ban on exports of palm oil and its refined products is expected to be lifted by the end of May.
The decision by indonesia, the world's largest palm oil producer, could have a major impact on the industry, said Sahat Sinaka, a senior official with Indonesia's Palm oil Board.
 Already the ukraine problem is coming from an environment where it could last for many more months. In this case, the ban imposed by indonesia can cause great trouble among the common people.
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