India raises jet fuel and commercial gas prices on April 1

India raised jet fuel and commercial LPG prices on Wednesday amid Mideast supply issues. Domestic rates are steady as officials boost output and secure imports.

Xurve View
Insights:

Fuel retailers in India have implemented significant price hikes for aviation turbine fuel and commercial liquefied petroleum gas, responding to a global energy surge triggered by the conflict involving the United States, Israel, and Iran. The price adjustments come as the nation grapples with its most severe gas crisis in decades, forcing the government to prioritize household supplies while reducing industrial allocations.

An IndiGo Airlines aircraft taxis on the tarmac at Netaji Subhash Chandra Bose International Airport in Kolkata. REUTERS/Francis Mascarenhas/File Photo
IUX24

IUX24 AI-powered financial news and market intelligence. Think and act like smart money.

IFZA Properties, Dubai Silicon Oasis, DSO-IFZA, Dubai, United Arab Emirates

Copyright IUX24 MEDIA - FZCO. All rights reserved.

Powered by AI • Made with precision

IUX24 is an information and analytics platform providing news, market data, analytical tools, and AI-powered features for informational and educational purposes. The Services and information provided do not constitute investment advice, trading signals, or brokerage services. Investing involves risk, and Users should carefully evaluate information before making investment decisions.