Bhubaneswar, March 2 -- Crude oil prices have surged by nearly 10 per cent in the international market amid the ongoing conflict in the Middle East, climbing to around 80 Dollars per barrel. Experts warn that prices could rise further and touch 100 Dollars per barrel if tensions in the region persist.

However, petroleum dealers have indicated that the spike in global crude prices is unlikely to immediately impact retail petrol and diesel prices in India.

Sanjay Lath, General Secretary of the Utkal Petroleum Dealers Association, said the effects of the global price rise are beginning to be felt, but consumers may not see a direct impact at this stage.

"The effect is already beginning to be seen, and it can move in two directions. Howeve...