AIADMK Chief Urges Fuel Price Reduction Amid Gulf Conflict

AIADMK leader Edappadi K Palaniswami calls on the central government to reduce fuel prices to ease the financial burden on citizens. Fuel costs have surged due to global tensions, leading to an increase in essential commodity prices. He also urges local tax reductions on fuel in Tamil Nadu.

AIADMK chief Edappadi K Palaniswami has appealed to India's central government to address rising fuel prices, citing a significant impact on essential commodity rates. The hike follows a disruption in global oil supply chains due to escalating Gulf tensions.

Recently, state-owned oil companies raised petrol and diesel prices by Rs 3 per litre after a four-year rate freeze, with petrol now costing Rs 97.77 in the national capital. State variations in prices are attributed to differing value-added taxes.

Palaniswami highlighted the public's struggle due to increased costs of cooking gas and fuel and urged the Tamil Nadu TVK government to consider local tax reductions. The global crude market has seen prices soar over 50% amid ongoing Middle Eastern conflicts.