Petrol-Diesel Price Hike News: There is going to be such a storm of inflation in the country which will spoil the entire mathematics of your house. Such news is coming out from the government corridors, which is going to directly rob your pocket. Sources have said that the government is going to take a major decision on oil prices within the next five to seven days.
According to government sources, the government is keeping a close eye on the changing conditions in West Asia and its impact on the global energy market. Even though the final approval has not been given yet, the indications are clear that there may be a sharp increase in the prices of petrol and diesel very soon. There is a sword hanging over the head, because internal discussions are in full swing and officials are assessing how much burden should be put on the public.
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There is a possibility of increase in the price of petrol and diesel by Rs 4 to 5.
Let us tell you that there is a possibility of a rise of 4 to 5 rupees in the price of petrol and diesel. The government is currently standing at a ‘crossroads’. On one hand there is financial pressure of oil companies and on the other hand there is fear of rising inflation. But the public now needs to step in cautiously, because if these prices increase, it will directly impact your plate and your journey.
Any increase in the prices of fuel and cooking gas has a wide-ranging impact. When diesel becomes expensive, the fare of trucks increases and when the fare increases, everything from fruits and vegetables to essential goods becomes expensive. This is going to be a tough task for the middle class, because the household budget is already stretched.
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Government trying to strike a balance – Sources
Sources said that the government is currently trying to strike a balance so that inflation does not go out of control, but in this era of global uncertainty, this is a very sensitive policy decision. Alarm bells have rung and the picture is expected to become clear in the next week.

