Petrol, diesel prices hiked again; check rates in Delhi, Mumbai, Kolkata, Chennai
India, May 25 -- Petrol and diesel prices were hiked for the fourth time this month on Monday, with petrol prices rising by Rs. 2.61 per litre and diesel by Rs. 2.71 per litre, as state-owned oil marketing companies continued to pass on the impact of surging international crude prices to consumers.
The latest increase comes amid continued uncertainty in the global energy market, with no breakthrough in the US-Iran talks and the crucial Strait of Hormuz remaining closed, raising concerns over crude supply disruptions.
With this revision, the cumulative increase in petrol and diesel prices has climbed to nearly Rs. 7.5 per litre since daily fuel price revisions resumed on May 15 after a prolonged freeze.
On Saturday, the government annou...
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