It’s Petrol and diesel price hike time!! Are you ready Indians ?. I think it is time to invest half of the salary in petrol.
Petrol price has always been a problem in our country. After 2017, Petrol prices were decided by assembly but before that a phrase would be used “We have no control over these prices”. In addition to this Russia-Ukraine war has created tremendous changes in petrol prices.
yes, This is the highest price ever in last 14 years.
Social Media reacted to Petrol and Diesel Price hike:
Crude oil price had crossed $130 and prices continue to rise,the highest in last 14 years.#PetrolPrice#CrudeOil #PetrolDieselPrice pic.twitter.com/0fLnuE5NHt
— Waqas Khaliq (@WaqasSuddozai) March 7, 2022
After this, It is the state of our Indians
https://twitter.com/Politicalfun0/status/1500685251949264899
Jokes apart, India imports 85% of petrol and oil which makes our country a top importer of Petrol in Asia. Elections are at the last phase in UP we expect great changes in the prices
Meanwhile, Petrol prices will be in hike internationally since the Russia- Ukraine war is still going on and sanctions are posed on Russia in various ways .Not to forget that Russia accounts 10% of global oil production and third of Europe’s natural gas
Russia is the major exporter of oil for most of the Central Asian countries as they fear because of this dispute there may be chances of cutting the supply.
In the end there will be petrol and diesel hike for sure and no way to escape from it.
Hope to have an end for this Russia-Ukraine war soon.
