Menu
Inshorts
For the best experience use inshorts app on your smartphone
inshortsinshorts
Oil shock raises pressure on petrol and diesel prices
short by / on Wednesday, 13 May, 2026
India faces a growing fuel pricing challenge as state-run oil companies reportedly absorb losses on petrol and diesel. Brent crude rose above $107 a barrel amid West Asia tensions, while Saudi Aramco warned that any Strait of Hormuz disruption could delay oil market stability until 2027, keeping supply and price risks in focus.
read more at The Core