Fuel prices hiked after 4 years: Chennai petrol rate crosses Rs 103, diesel nears Rs 96 on May 16, 2026
The price of CNG has also been raised by Rs 2 in Delhi and Mumbai on Friday, according to reports. Global crude oil prices surged past 120 USD per barrel before easing to around 100-105 USD amid major disruptions in the Strait of Hormuz caused by the escalating US-Israel conflict with Iran. Hormuz is a key route through which nearly…
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