petrol rate: Will petrol price go up? Fear of rising crude oil rates! – crude oil price rises to 7 year high due to ukrain russia tensions will petrol price go up

Crude oil prices have already risen sharply. In this context, crude oil prices have risen sharply amid fears that Russia could invade Ukraine.

Crude oil prices rose 3% yesterday alone. The United States has said Russia is concentrating its forces near Ukraine and that Russia will occupy Ukraine. Therefore, the United States urged Americans to leave Ukraine within 48 hours.

All foreigners are advised to leave Ukraine. Russia has been warned that it will invade Ukraine at any time.

What is the problem?
Following this, the price of crude oil rose to $ 93.10 a barrel. This is the sharpest price increase in the last seven years. This raises the question of whether petrol and diesel prices will rise.

Petrol and diesel prices in India have remained unchanged for the past several weeks. Petrol prices in India have not risen despite the recent sharp rise in crude oil prices. Political critics say this is due to the five state assembly elections, including in Uttar Pradesh.

Currently the price of crude oil is even worse. However, market experts say a change in petrol and diesel prices is expected after the five state assembly elections.