All posts tagged: West Asia conflict oil impact

Daily Briefing: Express investigation reveals the real villain behind Delhi’s air crisis | Live News

Daily Briefing: Express investigation reveals the real villain behind Delhi’s air crisis | Live News

Just when consumers thought fuel prices couldn’t possibly climb any higher after Saturday’s hike, the Centre has once again raised petrol and diesel rates — the fourth increase in less than two weeks, with the West Asia conflict once again emerging as the reason. Petrol prices went up by Rs 2.61 per litre and diesel by Rs 2.71 per litre on Monday, following earlier hikes of Rs 3 per litre on May 15, Rs 0.90 per litre on May 19, and up to Rs 0.91 per litre on Saturday. The repeated revisions are aimed at easing pressure on state-run oil companies as global crude supplies remain volatile. And with the Strait of Hormuz — the route that carries nearly a fifth of the world’s oil — shut amid the conflict, Indian consumers appear to be once again footing the bill for a crisis unfolding thousands of kilometres away. On that note, let’s get to the rest of today’s edition. 👇 🚨 Big Story Delhi’s most ignored pollutant Delhi’s pollution crisis may have found its most …