Two ministers walk down a hallway in New Delhi as a TV broadcasts news.
New Delhi – Union Minister of State for Petroleum and Natural Gas, Suresh Gopi, announced that the Indian government will conduct a review of fuel prices, with the decision contingent upon the availability of crude oil supplies. This statement comes in the wake of recent price hikes for petrol, diesel, and Liquefied Petroleum Gas (LPG), which have been attributed to supply disruptions stemming from the ongoing conflict in West Asia.
The Minister indicated that Petroleum Minister Hardeep Singh Puri will make the final determination after a thorough assessment of the prevailing market conditions and supply dynamics. The review is expected to consider the impact of geopolitical events on global crude oil markets and their subsequent effect on domestic fuel costs.
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