NEW DELHI: #Petrol and #diesel prices in India are set to rise as the government has hiked #excise #duty on both #fuels by Rs 2 per litre.
The move comes at a time when global crude oil prices are actually on a downward trend, driven by fears of a global trade war sparked by the US administration’s reciprocal tariffs.
This hike is expected to impact consumers already dealing with inflationary pressures.
#petroldiesel #petrolprices