Amidst the ongoing West Asia geopolitical crisis and soaring global crude oil prices, prominent economists have issued a stark warning regarding another major petrol and diesel price hike in India. With state-owned Oil Marketing Companies (OMCs) facing under-recoveries due to benchmark Brent crude trading well above $100 per barrel, experts predict a continuous calibrated rise in fuel rates over the next 10 days. Watch this detailed analysis on how the escalating energy crisis could push retail fuel prices further and affect India's retail inflation and household budgets.
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