Petrol Price Hike in India: Why Fuel is Becoming Expensive Again

 Petrol Price Hike in India: Why Fuel is Becoming Expensive Again

Petrol and diesel prices in India are once again rising rapidly, giving a shock to common people and daily commuters. In less than two weeks, fuel prices have increased nearly Rs 7.5 per litre across major cities. The latest hike pushed petrol prices above Rs 100 per litre in Delhi once again. (India Today)

The biggest reason behind this increase is the ongoing US-Iran conflict and rising crude oil prices in the international market. Due to tensions around the Strait of Hormuz, global oil supply has become uncertain, causing crude oil prices to surge worldwide. Since India imports nearly 90% of its crude oil requirement, international market fluctuations directly affect petrol and diesel prices in the country. (The Times of India)

Oil marketing companies were reportedly facing losses of around Rs 1,000 crore per day while keeping fuel prices stable for several weeks. To recover these losses, companies have now started increasing fuel prices gradually. (India Today)

The latest fuel hike is expected to increase transportation costs, food prices, and overall inflation in India. Many experts believe that if global crude oil prices continue to remain high, fuel prices may increase further in the coming weeks. (The Times of India)

Read full detailed report here:
Why Petrol Price Increasing in India 2026

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