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The Economic Times

Business

Petrol Price Hike: The crude shock logic that will make Indians pay a higher price

Oil India Petrol Narendra Modi

Fuel prices across India were raised on Friday by up to Rs 3 per litre, a move driven primarily by a sustained surge in global crude oil prices and tightening energy supplies following the prolonged conflict in West Asia.

In Delhi, petrol now costs Rs 97.77 per litre after a Rs 3 increase, while diesel has risen to Rs 90.67 per litre.

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