Mumbai, May 21 -- India's economy continues to face mounting pressure from elevated crude oil prices amid a prolonged geopolitical crisis and disruptions in global shipping routes, with experts warning that recent government measures may offer only limited relief.

The unresolved three-month conflict has pushed international crude oil prices close to the USD 100-120 per barrel range, sharply increasing India's import burden and widening concerns over the Current Account Deficit (CAD).

Kainat Chainwala, Assistant Vice President of Commodity Research at Kotak Securities, said India remains highly vulnerable because the country imports over 80 per cent of its requirements for crude oil, gold, and silver.

"It is a huge impact on our import ...