Nayara Energy cuts petrol price by ₹5 a litre, diesel by ₹3 as global oil rates cool down

Nayara Energy reduced petrol prices by ₹5 per litre and diesel by ₹3 per litre as global crude oil prices declined. The price cut followed eased hostilities in West Asia and the reopening of a key maritime route, which restored the flow of crude oil and liquefied natural gas, alleviating supply disruption concerns.