Friday, March 27, 2026

India cuts petrol and diesel taxes as Iran war pushes costs up

Intro:

India is cutting taxes on petrol and diesel as concerns mount over hike in fuel prices due to the war in West Asia.

The cut could help oil selling companies recoup some of their heightened costs due to supply disruptions - and if passed on, could also help consumers save more money.

Ishan Garg tells us more from New Delhi.

IN: The Indian
OUT: SOC
Duration: 43 seconds