The government argues that the prices of crude oil are continuously going up and down in the international market and there is also geopolitical tension in the world....
Retail prices of petrol and diesel in India are decided by government oil marketing companies. These companies last revised fuel prices on May 25. ...
Due to increasing tension in the Middle East and fear of stoppage of oil supply from the Strait of Hormuz, the price of Brent crude went up to 100.69 dollars per barrel. ...
Increasing tension in West Asia is affecting the oil market. There is concern about oil supply due to increasing military conflict between America and Iran....
In recent times, both rising and falling prices of crude oil have been seen globally. Despite this, there was no change in retail fuel prices in India. ...
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