Petrol and diesel prices were hiked again on May 25, 2026, with petrol rising by ₹2.61 per litre and diesel by ₹2.71 per litre. This marks the fourth increase in just 10 days, taking the cumulative hike to nearly ₹7.5 per litre since May 15.
In Delhi, petrol now costs ₹102.12 per litre while diesel is priced at ₹95.20. In Mumbai, petrol rates have climbed to ₹111.21 and diesel to ₹97.83. Kolkata saw petrol surge to ₹113.51 and diesel to ₹99.82, while in Chennai petrol is priced at ₹107.77 and diesel at ₹99.55.
Officials attributed the hike to soaring global crude oil prices amid the ongoing Iran conflict, supply disruptions in West Asia, and a weakening rupee. Brent crude recently crossed $110 per barrel, significantly raising import costs for Indian refiners.
Economists warn that the successive hikes will intensify inflationary pressures, increasing transportation and household expenses nationwide. Political reactions have been sharp, with opposition parties criticizing the government for failing to shield consumers from rising costs.
State-run oil marketing companies have indicated that further revisions will depend on global crude trends and currency fluctuations. Consumers are advised to brace for continued volatility in fuel prices.
