Amid rising tensions in the Middle East and fluctuations in global crude oil prices, petrol prices in India have seen a noticeable increase. Premium petrol rates have been raised by ₹2 to ₹2.30 per litre starting from March 20, signaling the impact of international market trends on domestic fuel pricing.
However, there is some relief for common consumers as the prices of regular petrol and diesel have not been changed for now. The increase mainly affects premium or high-performance petrol variants.
In addition to petrol, industrial diesel prices have also witnessed a sharp rise. Indian Oil Corporation has increased the price of industrial diesel from ₹87.57 to ₹109.59 per litre, marking an increase of ₹22 per litre.