New conflict between Iran and Israel has triggered a surge in global crude oil prices, raising concerns over potential hikes in petrol and diesel rates. Crude oil prices jumped by over $2 per barrel, with Brent crude reaching $95.42 and US crude futures hitting $92.64. Despite earlier hopes for a ceasefire, renewed Israeli attacks on Lebanon and retaliatory strikes against Iran have dampened expectations of stabilizing oil flows through the Strait of Hormuz. The ongoing geopolitical tension poses a significant hurdle to peace agreements and global energy stability. https://www.dharitri.com/will-petrol-diesel-prices-increase-again-crude-oil-prices-increase-due-to-iran-israel-conflict-global-population-is-worried/ #creator program