Brent Dips Below $100/BBL, Petrol Surges Above ₹100, Diesel Crosses ₹95. Brace For Higher Inflation?

Petrol and diesel prices have been hiked for the fourth straight time, pushing petrol beyond the psychological ₹100 mark in Delhi. Despite crude oil prices cooling globally, experts warn that India may still face more fuel price hikes ahead. Former ONGC Chairman R. Sharma, KPMG’s Anish Jain and Care Ratings’ Rajni Sinha decode why oil marketing companies remain under pressure, how inflation could rise further, and why consumers may need to prepare for a prolonged phase of expensive fuel. From under-recoveries and fiscal stress to global crude dependence and inflation risks, this discussion breaks down the real impact of the West Asia crisis on India’s economy, households and markets. Is costly fuel becoming the new normal for India? Watch the full analysis.