Geopolitical tensions raise petrol and diesel prices
after close1 source ↓written by the desknot a recommendation
- against the US
- ₹93.53
In New Delhi, premium petrol prices surged ₹2 per litre, while industrial diesel jumped ₹22 per litre due to rising global oil prices amid Middle-East conflicts. The rupee fell to an all-time low of ₹93.53 against the US dollar, driven by foreign fund outflows and escalating crude oil costs. 📈
This situation may impact inflation and operational costs across various sectors, particularly transportation and manufacturing.
Not investment advice. For informational purposes only.