‘Failure of the Union Govt’: Fourth Fuel Price Hike in Two Weeks Draws Ire
Fuel prices in India have gone up again, marking the fourth hike in just two weeks. Petrol prices were raised by ₹2.61 per litre and diesel by ₹2.71 per litre, taking the total increase in less than 15 days to nearly ₹7.5 per litre. But why is this happening? Is it only because of rising global crude oil prices and tensions in West Asia, or is there more to the story? This hike comes even as reports say state-run oil companies have posted thousands of crores in profits, raising questions about why ordinary citizens continue to bear the burden. And the impact goes beyond fuel — higher diesel prices can push up transportation costs, leading to rising prices of food, medicines, and essential goods. In this video, we break down what’s driving the latest fuel price hike, how it affects your daily life, and why the opposition is attacking the government over rising inflation. #FuelPriceHike #PetrolDiesel #Inflation #IndiaEconomy Join The Wire's Youtube Membership and get exclusive content, member-only emojis, live interaction with The Wire's founders, editors and reporters and much more. Memberships to The Wire Crew start at Rs 89/month. https://www.youtube.com/channel/UChWtJey46brNr7qHQpN6KLQ/join
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