INDIA
politics · severity 6
India's Fuel Price Hikes and Inflation Crisis
India has raised petrol and diesel prices four times in less than two weeks, pushing fuel costs above ₹102 per liter in Delhi amid rising global crude prices tied to Middle East tensions. Opposition parties are criticizing the government for not sourcing cheaper oil from Russia and Iran, framing the increases as inflationary pressure on farmers and the broader economy during an extreme heatwave.
Sources
- Opposition slams fresh fuel price hike, Kharge asks ‘who benefits’, Rahul calls Modi ‘inflation man’
- ‘Mehangai manav’ strikes again: Rahul slams PM on fuel hike
- Fuel prices in Kerala rise by around ₹8 in less than a fortnight
- Petrol, diesel price hike an adjustment to global crude surge, says Nadendla Manohar
- Fuel prices hiked again; petrol crosses ₹102 mark in Delhi
- Nirmala Sitharaman urges focus on Fuel, Fertiliser, Forex; hits out at critics for peddling pessimism
- Fuel price hike increases cultivation costs, burdens farmers: Telangana Transport Minister