India Raises Petrol, Diesel Prices More Than 3%, First Hike in Four Years
India’s state-run oil companies raised petrol and diesel prices by more than 3% on Friday, marking the first fuel-price increase in four years.
The move comes as the Iran war and the closure of the Strait of Hormuz disrupt energy supplies and push global oil prices higher, adding pressure to the economy.
From the sources (8 posts)
@businessIndian state fuel retailers raised prices of diesel and gasoline on Friday, the first hike in rates in four years
@businessIndian state fuel retailers raised prices of diesel and gasoline on Friday, the first hike in rates in four years
@reutersIndia has raised petrol and diesel prices for the first time in four years by $0.03 per liter, or more than 3%, according to retailers in Delhi, to recoup some of the losses incurred due to higher global crude oil prices
@ajenglishIndia has raised fuel prices by about 3% as the energy crisis driven by the Iran war and closure of the Strait of Hormuz starts to bite on the economy.
@theinsiderpaperIndia’s state-run oil companies raised petrol and diesel prices by more than three percent on Friday as disruption to energy supplies due to the Iran war mounts pressure on the economy.
@ajenewsBREAKING: India hikes fuel prices as Iran crisis bites Read more:
@ajenglishRT @AJENews: BREAKING: India hikes fuel prices as Iran crisis bites Read more:
@cointelegraph🇮🇳 LATEST: India raised fuel prices for the first time in four years as the Iran war pushes global oil prices higher.