India, May 23 -- Indian state-owned oil retailers on Saturday raised petrol and diesel prices for the third time in just 10 days as they struggle to cope with surging global crude oil prices amid the ongoing conflict in the Middle East.

According to reports, petrol prices in Delhi have been increased by 87 paise per litre, while diesel prices have gone up by 91 paise per litre.

India, the world's third-largest importer and consumer of oil, was among the last major economies to increase retail fuel prices after the U.S.-Israeli conflict with Iran triggered a sharp rise in crude prices globally.

Following the latest increase, petrol in Delhi now costs Rs 99.51 per litre, while diesel is priced at Rs 92.49 per litre in the national capita...