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CLAIM ID

2a4752d7

Fuel prices in India will rise again further due to the blockade caused by the 'Ever Given' cargoship in the Suez Canal.

The traffic in the Suez canal has been resumed, and oil prices have dropped since then.

The traffic in the Suez canal has been resumed, and oil prices have dropped since then.Ever Given, the cargo ship which blocked the Suez Canal had held up massive traffic, and goods worth $10 billion were stuck in between. The crude price was expected to rise as the situation started to affect refining operations.

India imports around 500,000 barrels per day of crude products via the Suez Canal and is the top importer among China, South Korea, or Singapore. The blockage had threatened the global supply of crude oil as it was earlier predicted that it might take weeks before the huge ship is cleared for movement. However, the container ship has been dislodged, and the shipping route is freed now. On the same day, oil prices dropped by 1 percent in the international market.

Hence, we mark the claim as false as the shipping route has returned to normal easing traffic movement and there was no immediate indication of fuel prices rising in India due to the brief blockade caused by the 'Ever Given.'

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