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Fuel Prices Soar: Delhi Petrol Crosses ₹100 Amidst Global Tensions
29 May
Summary
- Petrol prices in Delhi exceeded ₹100 per litre on May 29, 2026.
- The government assures adequate fuel supplies despite global conflicts.
- States are urged to act against hoarding and diversion of fuel.
Global tensions, including the ongoing Iran conflict, have led to a notable increase in petrol and diesel prices across India. As of May 29, 2026, petrol prices in New Delhi reached ₹102.12 per litre, with diesel at ₹95.20 per litre. Major metropolitan cities like Kolkata and Mumbai also saw similar price hikes.
The government has affirmed that India possesses more than adequate petrol and diesel supplies to meet domestic demand. Union Minister Hardeep Singh Puri is actively coordinating with oil companies and state governments to ensure uninterrupted supply. States and Union Territories have been requested to form special squads to strictly act against malpractice, including hoarding and diversion of fuel meant for retail consumers.
These price increases, alongside rising freight charges, are also impacting essential goods. Petrol prices have risen by approximately ₹7.5 per litre and diesel by a similar amount, with CNG also seeing an increase. The government's focus remains on ensuring availability and preventing illicit market activities.
