Govt slashes excise duty on petrol to ₹3/litre, exempts diesel to shield consumers from global crude price rise

Global crude prices have risen by almost 50% since the United States and Israel launched military strikes against Iran on February 28, triggering sweeping retaliation from Tehran

Mar 27, 2026 - 10:15
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Govt slashes excise duty on petrol to ₹3/litre, exempts diesel to shield consumers from global crude price rise
Global crude prices have risen by almost 50% since the United States and Israel launched military strikes against Iran on February 28, triggering sweeping retaliation from Tehran

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