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No petrol or diesel price hike for now, government says; India’s fuel stocks are improving
Petrol and diesel prices will not increase, government sources say as India’s energy stocks improve and crude imports shift away from the Strait of Hormuz.
Talking about energy stock in the country, government sources have noted that the nation’s stock levels are on an upward trajectory despite the volatility in West Asia.
Summary :
Petrol and diesel prices will not increase, government confirms
India’s energy stock levels rise despite West Asia volatility
Crude oil imports from non-Hormuz sources increased to 70 percent
Best Education Loan Options for J&K Students
Government sources have ruled out any immediate increase in the prices of transport fuels, stating that petrol and diesel prices will not rise, according to remarks shared with news agency.
Sources said the assurance was being reiterated to domestic consumers amid ongoing volatility in global energy markets.
“Petrol and diesel prices will not increase,” government sources said, adding that the administration was reaffirming its commitment on the issue.
Officials further reiterated the position, saying, “Today we again assure that prices of Petrol and Diesel will not increase.”
