In Numbers: How Has India Kept Fuel Prices Low Even As Europe Sees 70% Spikes?
Gas prices in Europe have surged by nearly 70% amid the West Asian crisis, intensifying volatility in global energy markets. Compounding this, Russia imposed a gasoline export ban effective April 1. Since the Iran war, energy markets have been acutely destabilised. Eurozone inflation rose to 2.5% from 1.9%, driven largely by energy inflation at 4.9%…