NEW DELHI, March 26 -- As the West Asia war tightens fuel supplies and drives crude prices sharply higher, Rosneft-backed Nayara Energy has raised petrol and diesel prices by Rs.5 and Rs.3 per litre respectively across its retail network. The move puts it ahead of state-run oil marketing companies (OMCs), which have largely held regular fuel prices steady.

The hike comes days after state-run OMCs increased prices of premium petrol and industrial diesel amid the supply crunch triggered by the conflict.

In Haryana, petrol at Nayara outlets is now around Rs.100.71 per litre and diesel about Rs.91.21 per litre, said a petrol pump dealer based out of Faridabad. In Uttar Pradesh, Nayara's petrol is priced at Rs.100.20 per litre and diesel at ...