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Petrol Prices: India Sees No Hike, While Pakistan & China Face Skyrocketing Rates
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Fuel Crisis Deepens: Pakistan, China, Sri Lanka See Skyrocketing Prices; India Unaffected
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News18
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22-03-2026, 11:18
Fuel Crisis Deepens: Pakistan, China, Sri Lanka See Skyrocketing Prices; India Unaffected
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Global energy market in crisis due to West Asia conflict, disrupting oil supply via Strait of Hormuz.
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Fuel prices surged in 85 countries since February 28 attacks on Iran, impacting South Asian economies.
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Pakistan hiked petrol by 55 rupees/liter, reaching 321.17 rupees; implemented a 'four-day work week' for government offices.
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China increased gasoline prices by 695 yuan/metric ton; Sri Lanka saw 24-30% price hikes and weekly fuel quotas.
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Bangladesh rationed fuel (10L for cars, 2L for bikes) due to 95% import dependency; India's normal petrol prices remain unchanged.
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