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India Raises Petrol, Diesel Prices for 4th Time in 10 Days
State-run fuel firms passed on higher crude costs as losses narrowed, with petrol and diesel prices up 7.8% and 8.6% since May 15, Reuters reported.
On Monday, May 25, 2026, fuel retailers hiked petrol and diesel prices for the fourth time in 10 days, with increases averaging ₹2.80 per litre across India.
Global crude oil prices surged more than 50 per cent since late February following US-Israeli strikes on Iran and disruptions to shipments through the Strait of Hormuz.
Indian Oil Corporation , Bharat Petroleum Corporation Ltd , and Hindustan Petroleum Corporation Ltd control 90 per cent of India's fuel market; private retailers like Nayara Energy matched these adjustments.
Prices for petrol and diesel have reached their highest levels since May 2022, with cumulative increases nearing ₹7.5 per litre since adjustments resumed on May 15.
Opposition parties accused the government of delaying price revisions until after the Bharatiya Janata Party expanded its electoral footprint by winning three of five state and UT elections.
Petrol and Diesel Price Hike Impact: Petrol and diesel prices have risen not once, not twice, but four times in just 10 days in India. The rapid increase in fuel prices has increased the risk of inflation for ordinary people.