Petrol, Diesel Prices Hiked for Third Time: Check Latest Fuel Rates in Delhi, Mumbai, Bengaluru on 23 May
- Oil-Marketing companies raised petrol and diesel prices across India on Saturday, May 23, 2026, marking the third increase in eight days.
- Prices for both retail fuels have cumulatively increased by Rs 4.8 per litre in three tranches since May 15, 2026, driven by geopolitical tensions in West Asia.
- In Delhi, petrol prices rose 87 paise to Rs 99.51 per litre, while diesel rates climbed 91 paise to Rs 92.49 per litre starting Saturday.
- This marks the third hike in retail fuel rates in 10 days, occurring amid heightened geopolitical tensions in West Asia affecting global energy markets.
- Meanwhile, global Brent crude prices have fallen by more than 6 per cent this week, reflecting market hopes for a deal between Iran and the United States.
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India's state oil companies increased the price of fuel for the third time this Saturday in eight days, in a wave of increases triggered by the crisis in the Middle East and the rise of Brent crude, which exceeds $104.The country, which imports more than 80 percent of the fuel it consumes, began to apply the price increase on May 15, when the Indian government asked the population to save energy in the face of the energy crisis that strikes Asia…
This is the third increase in petrol and diesel prices in the last 10 days. This will impact household budgets and could further increase inflation in the future. Rising oil prices are also likely to increase the cost of other expenses, making the economic situation even more challenging for the general public.
Indian retailers raise fuel prices for a third time amid Iran war
Indian state-owned fuel retailers raised petrol and diesel prices for the third time this month, dealers said on Saturday, as the companies look to recoup losses caused by elevated crude oil prices amid the Iran war. MORE..
Petrol, Diesel Prices Hike: Fuel Price Hiked for Third Time in 10 Days Amid Global Oil Pressure | 📰 LatestLY
Petrol and diesel prices in India were increased again on Friday, marking the third hike in less than 10 days as state-run oil marketing companies continue to respond to rising global crude oil prices and mounting pressure from international supply disruptions. The latest revision pushed fuel prices up by less than ₹1 per litre across major cities. 📰 Petrol, Diesel Prices Hike: Fuel Price Hiked for Third Time in 10 Days Amid Global Oil Pressure.
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