Oil marketing companies seek LPG, petrol, diesel price hike as Iran war deepens losses

May 2, 2026 - 15:30
Oil marketing companies seek LPG, petrol, diesel price hike as Iran war deepens losses

Join our WhatsApp Community to receive travel deals, free stays, and special offers!
- Join Now -

Join our WhatsApp Community to receive travel deals, free stays, and special offers!
- Join Now -

Middle East conflict escalates, pushing crude oil prices above $126 per barrel and straining India's state-run oil companies. Facing mounting losses, these companies seek permission to raise pump prices, but the government hesitates, balancing consumer protection against financial pressures and potential inflation.

What's Your Reaction?

Like Like 0
Dislike Dislike 0
Love Love 0
Funny Funny 0
Angry Angry 0
Sad Sad 0
Wow Wow 0