India’s state-run fuel retailers have raised petrol and diesel prices for the third time this month as higher global oil prices linked to the US-Israel war on Iran continue to strain energy markets.
Petrol in New Delhi rose by 0.87 rupees to 99.51 rupees per litre, while diesel increased by 0.91 rupees to 92.49 rupees per litre, according to dealers.
The latest increase follows two earlier hikes this month and brings the cumulative rise in fuel prices to about 5 rupees per litre.
India was among the last major economies to adjust retail fuel prices after the conflict disrupted energy supplies and shipping routes in the region, pushing up global crude oil costs.
