Commercial LPG and aviation fuel prices have seen a significant drop, with state-run companies cutting prices by Rs 183.5 and Rs 5 respectively. This easing follows a decline in global crude prices and the reopening of the Strait of Hormuz. However, domestic LPG and petrol/diesel prices remain unchanged, as oil companies continue to absorb losses from earlier elevated crude bookings. Airfare relief is also unlikely due to ongoing airspace issues.
RSS News
Times of India
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