Fuel, LPG price hike likely in 5–7 days amid West Asia tensions: Government sources

The rising tensions in West Asia could soon lead to higher fuel and LPG prices in India. With global crude oil surging, the government is weighing a hike of up to Rs 5 per litre to ease the burden on oil companies.

New Delhi: Fuel and LPG cylinder prices are likely to go up soon as the government is actively reviewing the situation. The surge is being linked to an increase in global crude oil prices amid escalating tensions in West Asia, which has made energy markets unstable and more expensive.

According to sources, petrol and diesel prices may increase by around Rs 4-5 per litre. At the same time, domestic LPG cylinders could see a hike of roughly Rs 40-50. If this........

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