India Fuel Prices Rise Again as Petrol Crosses Rs 100 in Delhi
Petrol and diesel prices have increased for the fourth time in two weeks as global oil tensions continue to push up crude prices.
Fuel prices have gone up once again in India, with petrol and diesel becoming costlier from Monday. Petrol prices were increased by Rs 2.61 per litre while diesel went up by Rs 2.71 per litre, marking the fourth fuel price hike in the last two weeks.
The repeated increase has started raising concern over daily household expenses, transport costs and rising market prices.
Since May 15, petrol and diesel prices have already gone up by nearly Rs 7.5 per litre. Indian media reports said state-owned oil companies had been facing heavy losses after keeping fuel prices unchanged for a long period despite rising crude oil prices in the international market.
Petrol Crosses Rs 100 Again in Delhi
Under the new rates, petrol in Delhi has crossed Rs 100 per litre again and reached Rs 102.12. Diesel is now selling at Rs 95.20 per litre.
Fuel prices have also increased sharply in major cities including Mumbai, Kolkata, Chennai, Bengaluru and Hyderabad.
- Delhi — Petrol Rs 102.12, Diesel Rs 95.20
- Mumbai — Petrol Rs 108.47, Diesel Rs 99.32
- Kolkata — Petrol Rs 103.89, Diesel Rs 96.76
- Chennai — Petrol Rs 105.71, Diesel Rs 98.41
- Hyderabad — Petrol Rs 110.34, Diesel Rs 102.12
Iran-US Tensions Pushing Oil Prices Higher
The latest increase is largely linked to growing tensions in West Asia, especially the conflict involving Iran and the United States.
The situation around the Strait of Hormuz has made the global crude oil market unstable. The route is considered one of the world’s most important oil shipping lanes, and any disruption there directly affects international fuel prices.
Indian oil companies said they had suffered major losses by continuing to sell fuel at older rates while global crude oil prices kept rising. Companies are now gradually increasing prices to recover those losses.
Concern Over Rising Daily Expenses
The fresh fuel price hike is expected to affect public transport, cargo movement and food prices in the coming days.
Higher transport costs could make goods more expensive in markets, adding more pressure on consumers.
Reports from several Indian cities also suggest more people are shifting towards metro services and public buses instead of using private vehicles because of rising fuel expenses.
Many social media users have criticised the continuous price hikes, saying middle-class and ordinary families are facing increasing financial pressure.
More Fuel Price Hikes Possible
Officials linked to India’s energy sector have indicated that fuel prices could rise further if tensions in West Asia do not ease soon.
Crude oil prices are still reacting sharply to political developments, and market instability is expected to continue for the next few weeks.