Categories: Business

Oil marketing companies seek LPG, petrol, diesel price hike as Iran war deepens losses

Middle East conflict escalates, pushing crude oil prices above $126 per barrel and straining India’s state-run oil companies. Facing mounting losses, these companies seek permission to raise pump prices, but the government hesitates, balancing consumer protection against financial pressures and potential inflation.

The News Vista

Leave a Comment
Share
Published by
The News Vista
6 months ago

Recent Posts

India-US ‘pretty close’ to signing a ‘different kind of deal,’ says Trump

After prolonged negotiations, India and the United States are on the verge of solidifying a…

49 minutes ago

Microsoft says ‘not possible’ to Nscale as UK data centre delays mount

Microsoft recently withdrew from a significant data centre deal with Nscale in the UK, causing…

1 hour ago

‘Play as late as possible’: Gavaskar’s advice to India batters for NZ Tests

Sunil Gavaskar has provided guidance for Indian batters ahead of the Test series against New…

1 hour ago

Day after 3 Meiteis killed, Kuki man shot dead as Manipur violence escalates

Paolenmung Thangeo, a 45-year-old Kuki tribesman, was killed by gunmen while collecting bamboo shoots. This…

1 hour ago

Oil prices today: Brent crude tops $110 as Middle East tensions threaten shipments

Oil prices have risen due to growing concerns over disruptions in Middle East supplies and…

1 hour ago

Punjab CM Bhagwant Mann ‘detained for 3 hours’ at Delhi airport, fined Rs 50k

Aam Aadmi Party has alleged that Punjab Chief Minister Bhagwant Mann was detained at Delhi…

2 hours ago