India hikes fuel prices again due to Middle East war

A Kashmiri attendent walks across a Hindustan Petroleum (HP) gas station in Srinagar on May 25, 2026 following a fuel price hike amid global energy crises triggered by the Middle East war. (AFP)

India's state-run fuel companies raised petrol and diesel prices for the fourth time in 10 days on May 25, as the Middle East war strains supplies to the world's fastest-growing major economy.

Automobile fuel prices have increased by five percent since the war broke out in February, prompting Iran's near-total blockade of the Strait of Hormuz, a critical energy corridor.

India, the world's third-largest oil buyer, normally sources about half of its crude through the vital waterway.