Raw oil 5 months high, will gasoline and diesel be expensive?

Oil price: Raw oil that is five months high will gasoline and diesel be expensive? Last updated: June 18, 2025, 09:34 IST Ole Prize: Tensions in West Asia and the possibility that America is jumping in the Israeli-Iran struggle has reached a highest level of five months. As a result, there is a possibility to increase inflation worldwide. There was a good refusal in the price of crude oil. Highlights Western Asia -Tension has increased the price of crude oil. Petrol and diesel prices have risen in India. The concern of investors has increased, the stock markets have fallen. New -delhi. The increasing tensions in West Asia and the US also attacked Iran also brought the price of crude oil near the highest level of five months in international markets. The price of the Western Texas Intermediate (WTI) crude oil rose 1.1% on Wednesday, while it jumped more than 4% per day before. Due to the rise in raw oil prices, the possibility of raising the prices of gasoline and diesel in the world, including India. The rise in the price of crude oil has also affected the stock markets around the world. MSCI Asia Pacific Index fell for the second consecutive day and the S&P 500 index of America also dropped 0.8% on Tuesday. Today, on Wednesday, June 18, petrol £ 94.72/liter in New -Delhi and Diesel £ 87.62/liter is sold. Petrol gets £ 104.21 and diesel £ 92.15 per liter in Mumbai. Petrol £ 103.94/liter in kolkata and diesel £ 90.76/liter, petrol in Ahmedabad £ 94.49/liter and diesel £ 90.17/liter, gasoline in Jaipur £ 104.72/liter and diesel £ 90.21/liter, Lucnow in Lucknow, Petrol £ 94.69 Lucknow, petrol £ 94.69/and diesel £ 870/liter, Chandigar £ 94.30 and diesel £ 82.45/liter, petrol £ 106.48 in Indore and diesel £ 91.88/liter and petrol £ 105.58 in Patna and diesel £ 93.80 per liter. According to a Bloomberg report, the ongoing economic weakness in the US has increased a greater concern by investors and increasing tensions in the Middle East the concern of world investors. The US economic data released on Tuesday recorded a decline in retail sales, industrial production and the housing sector, estimating that the US Federal Reserve could again lower interest rates in 2025. Investors are now awaiting the signals of the Fed’s two -day monetary policy meeting that will end on Wednesday. The dollar stable, Treasury bonds Strong Bloomberg Dollar index did not change much during the Asian season, although it reached the biggest one -month lead in the US session on Tuesday. Treasury effects received support due to poor data and geopolitical risks in the retail, housing and industrial sector. Analysts believe that the Fed can reduce interest rates twice by the end of this year, the first possible cuts are considered in October. The risk in the markets has increased the markets, said Franklin Templeton Institute’s main strategist Stephen Dover Dover: “The growing fight in the Middle East has increased the risk premium in the global stock markets. If this tensions do not rise further, we hope that oil prices and risk premiums can fall again.” Location: New Delhi, New Delhi, Delhi House Businesses have reached raw oil at 5 months high, will petrol diesel be expensive?