India, May 24 -- In the third hike in 10 days, petrol prices went up by 87 paise, and diesel prices are up by 91 paise as of Saturday. The price of petrol now stands at Rs 99.51 per litre, while diesel costs Rs 92.49 per litre.

Additionally, Compressed Natural Gas (CNG) prices were raised by Rs 1 per kg, marking the third increase in recent days and taking the cumulative hike to Rs 4 per kg. It now costs Rs 81.09 per kilo in the National Capital.

This is the third increase in rates since May 15, when State-owned oil companies started passing on the elevated energy prices arising from the Middle East conflict in a calibrated manner. With the latest hike, petrol and diesel prices have risen to nearly Rs 5 a litre.

As political sparring i...