India Raises Fuel Prices Amidst Global Crude Oil Surge

Fuel gets costlier: Centre raised petrol, diesel prices by Rs 3 - key details

Fuel prices saw a Rs 3 per litre increase on Friday. This move follows significant losses for state-run oil companies due to soaring global crude oil prices. The conflict in West Asia disrupted key shipping routes, pushing up import costs for India. This price adjustment comes after a period of frozen rates, impacting transportation and other sectors.

By TOI BUSINESS DESK