Diesel Price Hike: Nayara Energy Increases Rates by Rs 3/Liter, Millions Affected

• Nayara Energy, a private oil company, has increased diesel prices by Rs 3 per liter across its 6500+ petrol pumps nationwide.
• This hike follows rising global crude oil prices due to tensions in West Asia and supply uncertainty.
• The increase will significantly impact transport, agriculture, and daily expenses, potentially leading to higher prices for essential goods like vegetables and grains.
• This move puts pressure on other private and government oil companies, with further price hikes anticipated if crude oil prices remain high.
• The decision comes amidst reports of long queues at petrol pumps and expectations of fuel price increases.