Use the cheap oil in strategic reserves, Saudi tells India after pleas for increased supply - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Use the cheap oil in strategic reserves, Saudi tells India after pleas for increased supply

While warning that the higher prices would impede the economic recovery from the pandemic, oil minister Dharmendra Pradhan had repeatedly sought easing of supplies. Petrol and diesel prices have risen about Rs 9 per litre each over the last three months, raising concern that high fuel costs may stoke inflation.

from Industry-Economic Times
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