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The Times of India
The Times of India
Business
TIMESOFINDIA.COM

Petrol, diesel price hike on cards? Here's what govt said

NEW DELHI: With crude oil prices jumping to 14-year high amid the ongoing Russia-Ukraine war, speculations are high that oil marketing companies (OMCs) in India may also start raising fuel prices gradually.

Union minister for petroleum and natural gas Hardeep Singh Puri on Tuesday said oil companies will determine the fuel prices and assured that there will be no shortage of crude oil in the country.

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