Petroleum minister Dharmendra Pradhan to hold a meeting after fuel prices hit record hike

Petroleum minister Dharmendra Pradhan will today hold a meeting after fuel prices hit record hike.
Dharmendra Pradhan on Sunday blamed production cuts in the OPEC countries and the prospect of renewed sanctions on Iran by the United States for the rise in oil prices. The rising prices have prompted several industry bodies to urge the government to cut the excise duties on petrol and diesel, but the government has so far declined to bite the bullet.

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