NEW DELHI: Petrol and diesel prices were hiked by Rs 3 per litre each on Friday after state-run oil companies faced mounting losses due to a sharp rise in global crude oil prices triggered by the ongoing West Asia conflict.

International Business News: US inflation rose in April to 3.8 per cent as surging fuel costs amid the ongoing Iran-US conflict drove up consumer prices, hitting a three-year high.

International Business News: Oil prices edged lower on Wednesday after posting gains for three straight sessions, as investors closely monitored the fragile ceasefire linked to th.

Petrol and diesel prices rise by ₹3 per litre in Delhi, reflecting increased global energy costs.