New Delhi, May 25 -- Petrol prices were raised by Rs.2.61 a litre and diesel by Rs.2.71 on Monday, the fourth increase in less than two weeks that extended a delayed pass-through of soaring global crude oil costs triggered by the Iran conflict.

The latest increase took cumulative hikes since May 15 to nearly Rs.7.5 per litre.

In Delhi, petrol prices rose to Rs.102.12 per litre from Rs.99.51, while diesel climbed to Rs.95.20 from Rs.92.49, according to industry sources.

Fuel prices have now reached their highest levels since May 2022 after remaining largely frozen for more than two years, barring a Rs.2-per-litre cut in March 2024 ahead of national elections.

State-run retailers had delayed passing on higher input costs for weeks, a mo...