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India State Refiners Eye Modest Fuel Price Hike as Losses Mount
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India State Refiners Eye Modest Fuel Price Hike as Losses Mount

Bloomberg Markets · May 11, 2026, 10:13 AM · Also reported by 2 other sources

Indian state refiners are expecting a modest increase in retail fuel prices within days, as the government seeks to balance the impact of the ten-week war in the Persian Gulf and the needs of consumers.

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