
India’s state-run fuel retailers raised gasoline and diesel prices for the fourth time in 10 days in response to disruptions in global energy markets, a move that risks exacerbating inflationary risks in the economy.
Petrol, diesel price hike: Despite the latest round of increases, officials acknowledged that current retail prices are still insufficient to fully offset the sharp rise in international crude costs, leaving public sector fuel retailers exposed to substantial…
If crude oil prices remain elevated, Indian oil companies might find themselves under financial pressure. Delaying adjustments to fuel prices could impact their profits and cash reserves. Fitch Ratings warns that sustained high prices, rather than brief surge…

Fitch warns India's fuel retailers face credit risks due to sustained high oil prices affecting earnings and cash flow.