Window opens for fuel price cut as US-China tariff war trips oil prices

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Oil prices hit their lowest since mid-2021, influenced by China's tariff retaliation against the US and OPEC+'s decision to increase production. This decline offers India an opportunity to lower fuel prices, easing inflationary pressures and reducing import costs. Lower fuel costs could benefit the economy and households.

from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/ZVXPSiN

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