Petrol, diesel price hikes: How India’s fuel price rise compares to US, China, Pakistan, UAE & other economies

May 19, 2026 - 16:30
Petrol, diesel price hikes: How India’s fuel price rise compares to US, China, Pakistan, UAE & other economies

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Economists say that if the situation does not improve in the coming days, then more hikes may be in the offing. However, the approach of gradual hikes in petrol and diesel prices is to avoid an immediate inflation shock to the economy.

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