New Delhi : Fuel prices have been increasing steadily for the past few days. Now in the country Petrol and DieselThe rate has increased again. On Saturday, petrol has become more expensive by 87 paise and diesel by 91 paise per litre. This is the third rate hike in the last 10 days. Tensions in West Asia and rising prices of crude oil in the international market are considered to be the main reasons behind this.
The price of petrol and diesel has increased again in the country. On Saturday, petrol became expensive by 87 paise and diesel by 91 paise per litre. This is the third increase in fuel price in the last 10 days. The ever-increasing prices have increased the anxiety of the general public. Petrol and diesel prices have increased again in the capital Delhi. The price of petrol has been increased by 87 paise per liter and its new price is Rs 99.51 per litre. Diesel has gone up by 91 paise to Rs 92.49 per litre.
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Meanwhile, the prices of crude oil in the international market are increasing steadily. Rising geopolitical tensions in West Asia have fueled concerns about oil supplies. This has a direct impact on countries like India, which are huge importers of crude oil.
A sharp rise in oil prices
There has been a huge increase in the price of crude oil in the world market for the past few days. As a result, oil companies have once again hiked retail fuel prices. The third consecutive rate hike has raised concerns about the impact on transport costs and prices of essential commodities.
Direct impact of fuel price hike on common man
The biggest impact of petrol and diesel price hike is on the pocket of the common man. The cost of private vehicle drivers will increase. The increase in diesel prices may also increase the cost of trucks, buses and freight. This may affect the prices of vegetables, fruits, milk and other daily necessities. Inflation may rise further if crude oil prices remain high in the coming period. The ever-increasing fuel prices have increased the anxiety of the middle class and businessmen.
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