Senior executives from state-run oil companies ONGC and BPCL have said the recent increase in petrol and diesel prices reflect the impact of prolonged geopolitical tensions in West Asia,

India experiences a minimal fuel price hike of about 5% despite global surges due to the West Asia crisis.

A further increase in petrol and diesel prices may become unavoidable if the ongoing global energy disruptions continue, Bharat Petroleum Corporation Limited (BPCL) director HR…