The repeated hikes come against the backdrop of rising global crude oil prices, with India’s crude oil import basket surging to around USD 113 to 114 per barrel | India News

Fuel prices in India have seen another increase, with petrol and diesel rates rising by approximately Rs 0.87 and Rs 0.91 per litre respectively in Delhi. This marks the third…

India relies on imports for nearly 85% of its crude oil requirements, making domestic fuel prices vulnerable to fluctuations in global markets