India raises diesel, petrol prices for 3rd time in 8 days, amid tense US-Iran ceasefire
India's state-run fuel retailers have increased the prices of diesel and petrol for the third time in eight days. These hikes, each less than one rupee per liter, aim to help refiners manage losses from discounted sales and control demand during a high-demand period. This recent increase follows cumulative hikes of 5.5% for diesel and 5% for petrol over the past week, with compressed natural gas prices also seeing a 1% rise. AI
