Relief from expensive petrol and diesel is not expected, tensions between Saudi-Yemen increase crude oil prices

• On Sunday, Iran-backed Houthi rebels are accused of attacking Saudi Arabia’s oil bases, in response to which Saudi Arabia also acted. The spark of this fire has smoothed the price of oil.
• The price of crude oil has reached beyond $ 70 per barrel, which is the highest in the last twenty months. In four days, the price of crude oil has increased by $ 6 per barrel.

The public is upset with the increased price of petrol and diesel, but this problem is not going to stop. The burden of inflation on the common man under the oil prices is going to increase further. Crude oil prices are constantly increasing, its effect is sure to fall on the common man’s pocket. This change in oil prices is due to the stir about three and a half thousand kilometers away from India.

In fact, the Saudi-led army has carried out attacks in Veena, the capital of Yemen. On Sunday, Iran-backed Houthi rebels are accused of attacking Saudi Arabia’s oil bases, in response to which Saudi Arabia also acted. The spark of this fire has smoothed the price of oil.

The price of crude oil has reached beyond $ 70 per barrel, which is the highest in the last twenty months. In four days, the price of crude oil has increased by $ 6 per barrel.

Since the price of crude oil is increasing in the international market, petrol-diesel can become more expensive in the country and can go beyond hundred. Saudi Arabia is claiming no decrease in oil production, but due to increasing tension, crude oil has become expensive and petrol and diesel can also become expensive in the country.