Seoul/Singapore/New Delhi: The largest democratic exercise on Earth is set to give the oil market a shot in the arm.
About 875 million Indians will go to polls over the next three months to elect their leader, dwarfing the 158 million Americans who registered to vote in the 2016 US residential elections. Before they vote, they’ll be courted by a slew of competing political parties — a process that will boost fuel use in a nation where oil demand is already growing at the fastest pace in the world.
The lift will be provided by hordes of party faithful, who traverse teeming cities and remote villages across the world’s seventh-largest country in a campaigning frenzy before what’s expected to be a closely fought election.