India woke up to a shocking spike in aviation fuel prices, with ATF briefly crossing ₹2 lakh per kilolitre after a massive 115% hike. While the move sparked fears of a major aviation crisis, the government quickly clarified that domestic airlines would be shielded through subsidies. The burden, however, will fall on international and non-scheduled flights. The Petroleum Ministry also revealed massive losses faced by oil companies due to rising crude prices. With petrol and diesel prices potentially skyrocketing if subsidies are lifted, the situation highlights the growing pressure on India’s energy sector amid escalating tensions in West Asia.
Business Today, Aviation News, Jet Fuel Price Hike India, ATF Price Increase 2026, Aviation Turbine Fuel Rates#ATF #Shock #Rocks #India #Prices #Hit #Lakh #Govt #Shields #Flyers #Crisis #Fears #Loom1775080891
ATF
ATF Price Increase 2026
Aviation News
Aviation Turbine Fuel Rates
business today
crisis
fears
flyers
Govt
hit
India
Jet Fuel Price Hike India
lakh
Loom
Prices
Rocks
shields
shock
