{"id":698124,"date":"2026-05-15T20:08:51","date_gmt":"2026-05-16T00:08:51","guid":{"rendered":"https:\/\/goldtadise.com\/?p=698124"},"modified":"2026-05-15T20:08:51","modified_gmt":"2026-05-16T00:08:51","slug":"india-raises-fuel-prices-for-the-first-time-in-four-years","status":"publish","type":"post","link":"https:\/\/goldtadise.com\/?p=698124","title":{"rendered":"India Raises Fuel Prices For The First Time In Four Years"},"content":{"rendered":"<p><em>&#8230;the\u00a0<strong>world&#8217;s third-largest crude importer saw its wholesale inflation jump to 8.3%<\/strong>\u00a0in April from a year earlier,\u00a0<strong>significantly accelerating<\/strong>\u00a0from 3.88% annual inflation in March<\/em><\/p>\n<p>The hike amounts to over 3% and was necessitated by the global crude oil price surge that resulted in losses for India\u2019s refiners. Still, New Delhi put off the price hike for much longer than other governments, due to the sensitivity of Indian consumers to such hikes.<\/p>\n<div class=\"NodeContent_body__DiE4u NodeBody_container__JQPDV\">\n<p>Washington earlier extended the waiver to May 16, but this day is fast approaching with no change in the stalemate over the Strait of Hormuz, while\u00a0<strong>Indian imports of Russian crude doubled from February to March, rising further to hit 2.3 million barrels daily earlier this month, according to Kpler data. This is an all-time high.<\/strong><\/p>\n<p><a href=\"https:\/\/www.zerohedge.com\/energy\/india-raises-fuel-prices-first-time-four-years\">https:\/\/www.zerohedge.com\/energy\/india-raises-fuel-prices-first-time-four-years<\/a><\/p>\n<\/div>\n<div id=\"article-bottom\" class=\"article-bottom adv\" data-google-query-id=\"CLeU0_XBvJQDFWM9pAYdoc8P6A\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>&#8230;the\u00a0world&#8217;s third-largest crude importer saw its wholesale inflation jump to 8.3%\u00a0in April from a year earlier,\u00a0significantly accelerating\u00a0from 3.88% annual inflation in March The hike amounts to over 3% and was necessitated by the global crude oil price surge that resulted &hellip; <a href=\"https:\/\/goldtadise.com\/?p=698124\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2948,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-698124","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/posts\/698124","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/users\/2948"}],"replies":[{"embeddable":true,"href":"https:\/\/goldtadise.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=698124"}],"version-history":[{"count":1,"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/posts\/698124\/revisions"}],"predecessor-version":[{"id":698125,"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/posts\/698124\/revisions\/698125"}],"wp:attachment":[{"href":"https:\/\/goldtadise.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=698124"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goldtadise.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=698124"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goldtadise.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=698124"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}