🔥The Middle East is at war, oil prices surge by 50%, but domestic oil prices in India remain stable

1. International oil prices: The war causes a surge

- The Middle East conflict escalates, Iran launches missiles at Israel in retaliation.

- Global oil prices soar, Brent crude surpasses $108 per barrel, having surged nearly 50% since the conflict began.

- Reason: The Strait of Hormuz is a crucial oil transportation choke point, with about **20%** of the world's oil passing through; shipping is currently obstructed, and everyone is worried about supply disruptions.

2. India's oil prices: Remain unchanged

- Although international oil prices have skyrocketed, gasoline and diesel prices in major Indian cities (Delhi, Mumbai, Bangalore, Kolkata) have not increased.

- Today's oil prices in Delhi: Gasoline at 94.77 rupees/liter, diesel at 87.67 rupees/liter.

3. Official stance of India

- A former oil executive stated: Ensuring supply is more important than discussing prices right now; fuel supply is under control.

- The government is vigorously promoting piped natural gas (PNG) and encouraging everyone to use less liquefied gas.

Summary in one sentence: While the war outside causes oil prices to soar, India is temporarily withstanding pressure without raising prices, prioritizing the availability of oil for everyone. $ETH $BTC $XRP #油价 #石油 #原油