The wars in the Middle East are escalating. Now experts are warning of a double whammy – rationing and higher interest rates, in addition to rising fuel prices.
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Petroleum Minister confirmed 60 days of energy stock. The country will manage energy supply even during the West Asia tensions. The Centre controlled fuel price hikes by reducing excise duty. The ongoing war and tensions between the US, Israel, and Iran in West Asia have created a global energy supply crisis. Meanwhile, following the resumption of hostilities in the Middle East, th…