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Oil at $125/bbl: Is Rs 5 fuel price hike inevitable? Economists see inflation risk, call it ‘near-term challenge’

Posted on April 30, 2026
By Financial Express
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1 min read

Oil at $125/bbl: Is Rs 5 fuel price hike inevitable? Economists see inflation risk, call it ‘near-term challenge’

Crude at $125 per barrel raises concerns over fuel price hikes, inflation and current account deficit, but economists say India can absorb the shock in the near term.