Naira Energy Hikes Petrol Price by ₹5, Diesel by ₹3 Per Litre

TV9 Hindi · business

Naira Energy has increased the prices of petrol and diesel with immediate effect. The company has raised petrol prices by ₹5 per litre and diesel prices by ₹3 per litre. This decision comes amid rising costs of international crude oil and refined petroleum products. The price hike aims to reduce the gap between international costs and current domestic retail prices. The increase will directly impact vehicle owners, and could also affect transportation and freight costs if other fuel companies follow suit.