India lifts fuel prices again as global oil shock deepens
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India has raised petrol and diesel prices by approximately 0.9 rupees per litre, marking the second increase in a week following a 3-rupee hike. Disruptions in the Strait of Hormuz have tightened global oil supply, impacting major importers like India. This rise in fuel costs may strain household budgets and lead to increased prices in transport and goods.
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