India hikes fuel prices again due to Middle East war

english.nepalnews.com · 1 day ago

India's state-run fuel companies have increased petrol and diesel prices for the fourth time in 10 days due to supply strains caused by the Middle East war. Automobile fuel prices have risen by five percent since the conflict began, impacting India's crude oil imports. Prime Minister Narendra Modi had previously stated that fuel use restrictions are necessary to conserve foreign currency.