Indian Oil Minister Hints at Easing Petrol, Diesel Prices Amid Cheaper Crude Arrivals

Petrol, diesel rates may ease as cheaper crude arrives, says oil minister Puri

Petrol and diesel prices may soon see a dip as India receives cheaper crude oil, Union Minister Hardeep Singh Puri indicated. He defended domestic fuel pricing, stating increases have been minimal globally despite market volatility. The government has absorbed significant costs through excise duty cuts, shielding consumers from the full impact of rising international rates. Puri also highlighted Sonbhadra's development progress.

By TOI BUSINESS DESK