Fuel Price: The war between Iran and Israel is escalating day by day, causing extreme tension in West Asia. The news that America and China are entering this war is even more worrying. In this context, if this war intensifies, the impact of this war on international oil prices will be severe. Experts have already predicted. With this, there are speculations that international crude oil prices will skyrocket. If that happens, it is expected that it will have an impact on petrol and diesel prices in the country as well. In this context, Union Petroleum Minister Hardeep Singh Puri responded to all these speculations.
Although Hardeep Singh Puri admitted that the Israel-Iran war will have an impact on international oil prices, he said that there is no threat at present. The Union Minister clarified that petrol and diesel prices are stable and under control. There is no shortage of oil internationally. He said that the central government will monitor this situation closely. Hardeep Singh Puri has clarified the ongoing campaign that if international oil prices increase, petrol and diesel prices will skyrocket in India.
He said that since June 13, there has been a high level of tension between Iran and Israel, which is likely to lead to an increase in the price of a barrel of oil internationally. In addition, Hardeep Singh Puri dismissed speculations that a hike in petrol and diesel prices is certain in India. He clarified that while tensions are escalating in West Asia, there is an atmosphere of great uncertainty, but the central government is confident that this situation can be overcome. The Union Minister said that there is no change in oil prices in the country at present, and there is no shortage of oil internationally, so there is no need to worry.
Also Read: IRCTC to Provide 50% Discount for Senior Citizens by 2025
Share
UPI Autopay: Will Money Be Deducted Without Your Consent?
Telangana CM Revanth Reddy Appeals to Centre to Reject Godavari-Banakacharla Project
