The BJP pointed out that despite significant increases in many countries, petrol prices in India have held steady at Rs 94.77 per litre. This stability was attributed to Prime Minister Narendra Modi’s management of the global energy crisis stemming from US-Iran tensions. BJP spokesperson Pradeep Bhandari highlighted that India, unlike other G20 nations, has not changed petrol prices since February, showcasing resilience amidst market volatility.
Taking a dig at the Opposition, Bhandari criticized the Congress party for its inability to acknowledge the government’s economic management during the crisis. He mentioned that Rahul Gandhi and Congress struggle to accept that under PM Modi, India is navigating the energy crisis with minimal impact on the common man. Bhandari also shared a comparison table illustrating petrol price hikes in various G20 countries based on media reports.
The global energy market has faced immense pressure due to escalating US-Iran tensions, leading to a severe supply shock. The conflict, intensified by US and Israeli strikes on Iranian targets, has disrupted global oil markets. Iran’s actions in the Strait of Hormuz, a vital oil passage, have further exacerbated supply concerns. Amidst this turmoil, Iran has allowed safe passage to Indian-flagged vessels through the strait, facilitating the movement of goods.
Prime Minister Modi, in response to the crisis, expressed concern over escalating tensions and emphasized the humanitarian impact of the conflict. He stressed the importance of safeguarding Indian nationals in the region and ensuring uninterrupted global trade routes for economic stability. The PM’s focus remains on mitigating the crisis’s effects on India’s economy and regional stability.
