India
India holds fuel prices steady despite global crude surge
✦ AI Brief
India has kept petrol and diesel prices unchanged despite rising global crude oil prices due to tensions near the Strait of Hormuz. In contrast, several countries have witnessed sharp hikes in fuel prices, with the UAE seeing an increase of up to 85 per cent and the United States recording a rise of over 62 per cent. India's unchanged fuel prices indicate zero increase despite US-Iran tensions.