How Soaring Crude Prices Are Hitting India: Explained in 10 Charts The ongoing conflict between the US, Iran, and Israel is sending shockwaves through global fuel markets, with Indian households and businesses feeling the pinch.
The recent surge in crude prices has pushed oil above $100 per barrel, causing petrol and diesel prices to skyrocket.
Petrol and diesel prices have risen sharply over the past few weeks, with prices increasing by around 90 paise on Tuesday following a Rs 3 per litre hike last week.