India raises regular fuel prices for 1st time in 4 years on Iran war
Energy
Prices were unchanged in March and April even as global crude prices shot up
Newly increased fuel prices are displayed at a petrol pump in Malvan, India, on May 15. © Reuters
MUMBAI — Indian drivers on Friday morning encountered higher prices for regular gasoline and diesel for the first time in four years as government-owned oil retailers began partially passing on their rising crude oil bills.