Jitesh's Post

When the Strait of Hormuz disruption pushed global oil prices sharply higher, India's state-owned oil companies chose to absorb the financial burden rather than pass it on to consumers. Petrol, diesel, and LPG prices remained largely unchanged even as import costs rose significantly. The move reportedly cost oil firms upwards of ₹2 lakh crore in cumulative losses during the period. #FuelPrices #India #OilCrisis #EnergyPolicy #GlobalEconomy

• #OilCrisis
• #India
• #GlobalEconomy
• #FuelPrices
• #EnergyPolicy

• 607 0
• 17.7K Followers
• 5.4K Posts
• 5 Average Likes
• 0.03% Eng. Rate

This post was published on 10th May, 2026 by Jitesh on his Instagram handle "@mechnotechs (Mechnotechs- Automobile)". Jitesh has total 17.7K followers on Instagram and has a total of 5.4K post.This post has received 607 Likes which are greater than the average likes that Jitesh gets. Jitesh receives an average engagement rate of 0.03% per post on Instagram. This post has received 0 comments which are than the average comments that Jitesh gets. Overall the engagement rate for this post was than the average for the profile. #OilCrisis #India #GlobalEconomy #FuelPrices #EnergyPolicy has been used frequently in this Post.