Fuel Prices 'Skyrocket': Your Budget is About to Feel the Pinch

Fuel prices are climbing globally, impacting Indian households. Chief Economist Manoranjan Sharma said, "Petrol, diesel prices have been going up all over the world." The West Asia crisis pushed crude above USD 100, making higher fuel costs unavoidable. India, reliant on oil imports through the Strait of Hormuz, faces challenges.