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# India hikes petrol and diesel prices by about 3 rupees/litre, retailers say
- URL: https://tsrv2.apphq.dev/world/india-hikes-petrol-and-diesel-prices-by-about-3-rupees-litre-retailers-say/
- Published: 2026-05-15T02:40:04.000Z
- Updated: 2026-10-23T04:41:10.000Z
- Description: India has raised petrol and diesel prices ​for the first time in four ‌years by about 3 rupees ($0.03) per litre, according to retailers in Delhi on ​Friday, as the country aims to ​recoup some of the losses incurred ⁠due to higher global oil ​prices. Global oil prices spiked at more than $120…
- Author: Liam Demafelix
- Tags: World, News

India has raised petrol and diesel prices ​for the first time in four ‌years by about 3 rupees ($0.03) per litre, according to retailers in Delhi on ​Friday, as the country aims to ​recoup some of the losses incurred ⁠due to higher global oil ​prices.

Global oil prices spiked at more than $120 ​per barrel, before pulling back to around $100 to $105 a barrel following the near-closure and severe ​disruption of the Strait of ​Hormuz, triggered by the U.S.-Israeli conflict with Iran.

India is ‌among ⁠the last major economies to raise retail fuel prices. A litre of diesel in Delhi will cost 90.67 rupees and ​petrol 97.77 ​rupees.

State-run ⁠Indian Oil Corp (IOC.NS), opens new tab, Hindustan Petroleum Corp (HPCL.NS), opens new tab and Bharat Petroleum Corp (BPCL.NS), opens new tab, ​which together control more than ​90% ⁠of the country’s over 103,000 fuel stations, tend to fix diesel and ⁠petrol ​prices in tandem.

($1 = 95.7625 ​Indian rupees) ***— Reuters***