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Petrol, diesel prices will not increase, 1st cargo moves from Strait of Hormuz: Govt sources
Updated On: 07 March, 2026 06:19 PM IST | New Delhi [India] | mid-day online correspondent
Government sources assured on Saturday that petrol and diesel prices will not increase, as India's energy stock position improves and the first cargo has begun moving through the Strait of Hormuz, signalling stabilising supply flows. India has also increased crude oil imports from non-Hormuz sources from 60 per cent to around 70 per cent
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The sources again reiterated that petrol and diesel prices will not increase. File Pic
Government sources said on Saturday that petrol and diesel prices will not increase, adding that India’s energy stock position is improving and the situation is becoming more stable, reported IANS
According to the sources, the improving energy stock situation has given the government greater confidence in managing fuel supplies.
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