India, May 15 -- Oil companies on Friday announced a fresh increase in petrol and diesel prices across India, raising fuel costs by around Rs 3 per litre in major cities, including New Delhi. According to reports, petrol prices in Delhi have risen from Rs 94.77 to Rs 97.77 per litre, while diesel rates increased from Rs 87.67 to Rs 90.67 per litre. The revised fuel prices came into effect immediately on Friday. The latest hike comes amid continuing volatility in global crude oil markets linked to the ongoing Iran conflict and disruptions around the Strait of Hormuz.

Petrol prices cross Rs 100 per litre in several metro cities

The increase has pushed petrol prices above Rs 100 per litre in several major Indian cities.

Fuel Price Hike: I...