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Fuel Prices Surge: Petrol, Diesel Up Rs 3 Amidst Middle East Tensions
15 May
Summary
- Petrol and diesel prices increased by Rs 3 per litre.
- Middle East war and Strait of Hormuz blockade disrupt oil supplies.
- New prices vary across major Indian cities like Delhi and Mumbai.
As of May 15, 2026, the Indian government has announced a Rs 3 per litre increase in the prices of both petrol and diesel. This surge in fuel costs is directly linked to escalating tensions in the Middle East, including an ongoing war and the critical blockade of the Strait of Hormuz, which are severely impacting global oil and gas supplies.
The price adjustments mean that petrol now costs Rs 97.77 per litre in Delhi, Rs 108.74 in Kolkata, Rs 106.68 in Mumbai, and Rs 103.67 in Chennai. Diesel prices have also risen, with rates set at Rs 90.67 per litre in Delhi, Rs 95.13 in Kolkata, Rs 93.14 in Mumbai, and Rs 95.25 in Chennai.
These developments highlight the fragility of international energy markets and their immediate impact on fuel availability and affordability for consumers in India. The ongoing geopolitical situation continues to exert upward pressure on energy prices worldwide.
