Will Fuel Go Back to Dynamic Pricing in India?
The four-year freeze on retail fuel price hikes has shattered. Experts say the ₹3 per litre hike has barely scratched the surface of a deeper energy crisis. With the West Asia war pushing Brent crude past $100 per barrel for over 75 days now, state-run oil marketing companies or OMCs are bleeding an estimated ₹1,000 crore daily.
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