New Delhi, May 15 -- Petrol and diesel prices were hiked by Rs.3 per litre across India on Friday, as state-run oil marketing companies revised retail fuel rates amid rising global crude prices and growing energy security concerns triggered by the continuing conflict in West Asia. The increase pushed petrol prices from Rs.94.77 to Rs.97.77 per litre and diesel prices from Rs.87.67 to Rs.90.67 per litre in New Delhi, intensifying inflation worries for consumers and businesses.

The situation has drawn greater attention after Prime Minister Narendra Modi, in recent public remarks, urged citizens to conserve fuel, reduce unnecessary consumption and avoid wastage. The PM also advised people to cut edible oil consumption and postpone non-essen...