India, March 26 -- Petrol prices across India have seen a sharp increase, adding fresh pressure on household budgets and daily expenses. Private fuel retailer Nayara Energy has raised petrol prices by more than Rs.5 per litre, pushing rates above Rs.100 in several major cities.

The sudden hike has triggered panic buying in multiple states, with long queues reported outside petrol pumps. Although the government has assured that there is no fuel shortage, concerns continue to grow due to global supply disruptions linked to rising tensions in West Asia.

Petrol Price Hike in India: What Led to the Increase?

The latest surge in petrol prices comes amid global energy market uncertainty. Ongoing tensions involving Iran and the United States h...