What If US-Iran conflict keeps dragging on? Indian oil firms losing Rs 1700 cr every day – Is price hike the only way out?

Zee News Country’s three major public sector oil companies (the Indian Oil Corporation, the Bharat Petroleum Corporation and the Hindustan Petroleum Corporation) are presently selling petrol and diesel at old retail rates despite rising international prices. https://ift.tt/2NKzJ1V May 11, 2026 at 07:38AM Country’s three major public sector oil companies (the Indian Oil Corporation, the Bharat Petroleum Corporation and the Hindustan Petroleum Corporation) are presently selling petrol and diesel at old retail rates despite rising international prices.

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