Govt Considering Fuel Price Hike Amid US-Iran Deadlock As Companies Face Massive Losses: Report

Govt Considering Fuel Price Hike Amid US-Iran Deadlock As Companies Face Massive Losses: Report

Last Updated:May 11, 2026, 4:16 PM IST Discussions are reportedly underway between the finance and petroleum ministries and oil marketing companies over a possible fuel price hike amid the US-Iran deadlock. PM Modi’s call for reduced fuel usage has raised concerns of a price hike. (Representational Image) Prime Minister Narendra Modi’s appeal to citizens to…

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