India, June 1 -- Sri Lanka has increased retail fuel prices once again due to the ongoing conflict in West Asia and global energy supply disruptions, according to the state oil entity, Ceylon Petroleum Corporation.

The hike in fuel prices was announced on Saturday and came into effect from midnight. This is the fifth such hike that comes after President Anura Kumara Dissanayake repeatedly stressed that the public needs to reduce consumption in the wake of pressures caused by the conflict.

Petrol price has increased by 5.85 per cent, diesel by 3.83 per cent, Ceylon Petroleum Corporation (CPC) said.

The price of diesel has risen by Sri Lankan rupees (LKR) 15 to a new price of LKR 407 per litre, Ceylon Petroleum Corporation (CPC) said in ...