In New Delhi, the ongoing conflict in the Gulf region has led to a substantial increase in fuel prices in Pakistan, with petrol now costing 335 rupees per liter after a hike of 55 rupees.
The war between Iran and the US-Israel is also expected to affect fuel prices in India. On Saturday, many petrol stations in Greater Noida witnessed long queues as people rushed to fill their tanks in anticipation of rising costs. Authorities are in constant communication with petroleum companies, indicating that the impact of the conflict is widespread and price hikes may be imminent.
Impact on Fuel Supply
The conflict in the Gulf is affecting fuel supplies globally. With attacks on Iran, which supplies 20% of the world's oil, crude oil prices have surged past $90 per barrel. This situation is causing a ripple effect, leading to increased fuel prices in various countries, including India, if the conflict persists.
Long Lines at Petrol Stations
On Saturday, the fear of rising fuel prices led to significant crowds at several petrol stations. Residents, like Sanjeev from Prosperity Grand Avenue in Greater Noida, reported long lines at a petrol station near a roundabout, with many filling up their vehicles to avoid higher costs.
Officials Remain Cautious
Despite the concerns, officials from the district supply department stated that while there are fears of price increases, no official announcements have been made by the companies yet. Continuous discussions are ongoing with the petroleum firms to monitor the situation closely. ये खबर आप गज़ब वायरल में पढ़ रहे हैं। Currently, there are no orders regarding price hikes.
Price Surge in Pakistan
Due to the conflict in the Gulf, Pakistan has seen a 55 rupee increase per liter in fuel prices, bringing petrol to 335 rupees per liter. Similarly, prices have also risen in the US and Europe, as well as in Israel.