US-Iran war impact: Nayara Energy raises fuel prices in India with immediate effect -- Check new rates here
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Nayara Energy increased fuel prices in India with immediate effect on Saturday.
- ✓Petrol prices rose by ₹5 per litre, while diesel prices got a ₹3 hike.
- ✓The company said this move follows global energy pressure.
Story at a Glance
- Category
- BUSINESS
- Reported By
- mint
- Reading Speed
- 1 Minute(s)
- Market Focus
- India Economy
Pressure continues to mount on fuel retailers amid higher global energy prices, as Nayara Energy, India's largest private fuel retailer, has increased fuel prices with immediate effect. Petrol prices have been increased by ₹5 per litre, while diesel prices have risen by ₹3 per litre.
The latest hike marks another price revision by Nayara Energy this year, as Indian refiners deal with the impact of geopolitical disruptions on global crude oil and fuel markets, news agency PTI reported on Saturday, citing people familiar with the matter.
According to the report, India's largest private fuel retailer, which operates over 7,000 fuel stations across the country, announced the price hike, with effect from the early hours of Saturday.
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