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CM C.J. Vijay Condemns Fuel Price Hike Amid Global Tensions

CM Vijay said the increase adds pressure on poor and middle-class households and micro and small industries, and urged the Union government to reverse it.

  • On Friday, Tamil Nadu Chief Minister Joseph Vijay opposed the Rs 3 per litre fuel price hike, urging the Union Government to immediately reverse the decision and calling it "unacceptable."
  • State-Run oil marketing companies raised petrol and diesel prices by Rs 3 per litre each, marking the first increase in more than four years amid operational losses and unrest in the Middle East.
  • Vijay criticized the hike's timing immediately after Assembly elections in five states, arguing that oil companies retain profits instead of reducing retail rates when international crude prices fall.
  • The Chief Minister warned that rising costs will burden the poor, middle class, and MSME sector, potentially increasing inflation and stalling exports while vehicle rentals are expected to rise.
  • Union Petroleum and Natural Gas Minister Hardeep Singh Puri stated that public fuel retailers face daily losses of Rs 1,000 crore, with quarterly deficits offsetting annual profits entirely.
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Newly elected Chief Minister of Tamil Nadu C. After assuming power in the state, Joseph Vijay targeted the central government for the first time. He criticized the Bharatiya Janata Party (BJP) -led central government for the increase in the prices of petrol and diesel across the country after the end of assembly elections in five states. According to the news agency PTI, Chief Minister Vijay has demanded the central government to return the deci…

·India
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Moneycontrol broke the news in India on Friday, May 15, 2026.
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