Attack on Aramco’s plants could make petrol, diesel dearer by ₹1/litre

Tuesday could see consumers paying up to a rupee more for their petrol and diesel. This is because of the spurt in global crude oil prices following the coordinated drone attack on Saudi Aramco’s oil production facilities, including a crude-processing plant in Abqaiq, on Saturday.

Subsequent to the attack, Saudi Aramco had announced curtailment of production by almost a half.

Indian oil refiners — both in public and private sector — are primarily dependent on crude oil from Saudi Arabia.

Though the government maintained that Saudi Arabia has assured supply, it is also closely watching the situation as the oil market remained volatile.