New Delhi, March 17 -- India's average crude oil import price fell 42-month low to about $71.20 a barrel in the first fortnight of March primarily because of the Chinese slowdown, the US efforts for ceasefires in ongoing conflicts and President Trump's resolve to boost American oil output. India, which imports over 88% crude oil its processes, had last witnessed average monthly oil import price of the Indian basket below $70 a barrel in August 2021. Since then, monthly average saw an upward movement due to various geopolitical and economic reasons that was aggravated by the Ukraine war, followed by Hamas terror attack on Israel. P5...