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Why does India's ₹3/litre fuel price hike look tiny compared to other countries?
short by Ashley Paul / on Friday, 15 May, 2026
India increased fuel prices by ₹3/litre nationwide, alarming consumers and raising concerns over the hike's potential domino effect. However, compared with other countries, India's price hike is tiny, at 3.2% (petrol) and 3.4% (diesel). Petrol and diesel price hikes amid the US-Iran war in Myanmar (89.7% and 112.7%), Malaysia (56.3% and 71.2%) and Pakistan (54.9% and 44.9%) have been higher.
read more at News18