EconomicTrade Policy Action2026-05-15馃嚠馃嚦
India hikes fuel prices as Middle East war strains oil supplies
source: India's state-run oil companies -> target: Indian consumers and fuel users
On 2026-05-15, India's state-run oil companies raised petrol and diesel prices by more than 3% as disruption to energy supplies from the Middle East war strained the economy. Prime Minister Narendra Modi said fuel-use restrictions were needed to save foreign currency spent on fuel imports.
0.33Significance4.0Magnitude0.6Systemic0.7Market1Articles
Location
IndiaSouth AsiaIndiaAsia20.594, 78.963
Story Links