A hike in petrol and diesel prices has been in the offing for some weeks now, and hence today’s Rs 3 per litre raise comes as no surprise. This is especially true since there is no early resolution to the US-Iran conflict in sight and the continuously high crude prices globally are raising the oil import bill.

Petrol, diesel prices hiked: Oil companies on Friday announced a hike of Rs 3 per litre in petrol and diesel prices, pushing fuel rates higher across major metro cities.

Perol price today: Fuel prices surged nationwide on Friday, with petrol and diesel rates increasing by up to Rs 3 per litre. This hike, driven by global crude oil price…