Economic Times5/13/2026BusinessIndia
India Faces Potential Retail Fuel Price Hikes Amid Middle East Conflict
RBI Governor Sanjay Malhotra Warns of Inevitable Price Increase Due to Rising Energy Import Costs and Inflation Risks
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India may raise retail petrol and diesel prices if the Middle East conflict persists, warned RBI Governor Sanjay Malhotra, citing rising energy import costs and inflation risks despite reduced excise duties and state refiners absorbing losses.
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India may raise retail petrol and diesel prices if the Middle East conflict persists, warned RBI Governor Sanjay Malhotra, citing rising energy import costs and inflation risks despite reduced excise duties and state refiners absorbing losses.
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This article was originally published by Economic Times.
