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Market move▼ Bearish for Indian equities
Petrol, diesel prices today, September 28: How much does fuel cost in Delhi, Mumbai, Bengaluru?
The brief
- Oil prices rose more than 1% on Monday after Trump rejected Iran's peace deal
- Higher crude prices may pressure Indian Oil and other fuel retailers if pump prices remain unchanged
- India to hold firm on Russian oil as US-China truce extension puts it in the spotlight
- Replacing 1 million bpd of Russian oil could cost India up to $3.7 billion annually
- Indian state companies seek 2.75 million tonnes of US LPG for 2027
- India to increase US LPG purchases as Middle East risks persist
- India left more exposed to Trump's 100% oil threat as China gets tariff breather