Fuel Prices Rise in India and Cambodia Amid Ongoing Mideast Tensions

(MENAFN) India and Cambodia have both increased fuel prices this week as rising global crude oil costs, driven by tensions in the Middle East, continue to pressure energy markets, according to reports.

In India, state-run oil marketing companies raised petrol and diesel prices again on Tuesday, with an increase of roughly 90 paisa per liter (about 1 US cent), as reported by *The Indian Express*. This follows a larger hike just days earlier, marking the first major upward adjustment in fuel prices in over four years.

Cumulatively, fuel costs in India have risen significantly within the month, with petrol and diesel prices in major cities such as Delhi, Mumbai, and Bengaluru reaching higher levels due to repeated revisions.

In the capital, petrol is now priced at 98.64 rupees per liter, while diesel stands at 91.58 rupees. In other major urban centers, petrol prices have reportedly exceeded 107 rupees per liter.

Energy companies have attributed the increases to surging international crude oil prices and mounting financial losses from selling fuel at controlled retail rates. According to reports citing Indian media, public sector refiners had been absorbing substantial daily losses as global import costs rose faster than domestic prices were adjusted.

Cambodia has also adjusted fuel prices upward, with gasoline and diesel both experiencing increases in line with global market trends, according to local reporting from *The Phnom Penh Post*.

Officials in both countries pointed to rising international oil prices and concerns about potential disruptions to global supply routes, particularly in relation to instability affecting key maritime corridors linked to the Middle East conflict.

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