Operators of truck fleets across India are preparing for a significant diesel price hike, marking the first increase in four years. This anticipated change follows a period of stability despite the ongoing conflict in the Persian Gulf, which has affected global oil markets. Currently, diesel is crucial for India's economy, as trucks account for nearly 70% of freight movement. The All India Motor Transport Congress has reported that nearly 10% of the truck fleet is already idle, and this could rise to 30% if prices increase. Private refiners like Nayara Energy Ltd. have already raised their prices, leading to informal rationing and delays in deliveries. Economists from Standard Chartered Plc suggest that if crude oil averages $95 a barrel this fiscal year, pump prices could rise by 8-15 rupees per litre. Even at slightly lower crude prices, increases of 3-7 rupees may still be necessary. The Indian government has urged citizens against panic buying and reassured that state retail outlets are operating normally despite fluctuations in supply.