Why aren’t petrol prices rising in India despite global crude surge?

Even as global crude prices surge past $100, petrol prices in India remain stable. Here’s how OMCs, taxes and government intervention act as shock absorbers for consumers.

Why aren’t petrol prices rising in India despite global crude surge?
Even as global crude prices surge past $100, petrol prices in India remain stable. Here’s how OMCs, taxes and government intervention act as shock absorbers for consumers.

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