Bhubaneswar, May 23 -- Petrol and diesel prices were increased again on Saturday, marking the third hike in fuel rates within the last 10 days. This resulted in raised concerns about a possible rise in transportation costs and consumer prices.

Under the latest revision, petrol became costlier by 87 paise per litre, while diesel prices increased by 91 paise per litre. Economists and consumers alike fear the hike could have a cascading effect on logistics, essential commodities and service sectors.

The increase in fuel prices is expected to impact the transport sector directly, with higher operating costs likely to be passed on to consumers. Industry observers believe prices of vegetables, daily-use commodities and other goods could incre...