India hikes fuel prices again due to Middle East war

english.makalukhabar.com · 2 days ago

India's state-run fuel companies have raised petrol and diesel prices for the fourth time in 10 days due to the Middle East war straining supplies. Petrol prices in New Delhi rose to 102.12 rupees and diesel to 95.20 rupees. Prime Minister Narendra Modi had previously stated that restrictions on fuel use were necessary to save foreign currency, while oil companies reported significant losses due to continued sales at older rates amidst rising global crude oil prices.