New Delhi, Nov 12 (PTI) India, the world's third largest oil importing and consuming nation, will be the new epicentre of oil demand growth over the next decade, the International Energy Agency (IEA) said on Wednesday.

Among emerging markets and developing economies, energy demand in India grows the fastest, increasing by 3 per cent each year on average to 2035.

In its latest Global Energy Outlook, the Paris-based agency said India will account for the largest increase in global oil consumption through 2035, driven by rapid economic expansion, industrialisation and rising vehicle ownership.

The country's growing appetite for energy will outpace that of China and Southeast Asia combined, underscoring its pivotal role in shaping global oil markets.

"Oil remains the dominant fuel to 2050

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