BusinessIndia Hikes Petrol and Diesel Prices by ₹3 Per Litre
On May 15, 2026, India increased petrol and diesel prices by ₹3 per litre, the first hike in over four years. The rise was driven by financial strain on state-run oil companies like IOC, BPCL, and HPCL due to surging global crude oil prices, reflecting geopolitical factors impacting fuel costs.
The Northlines·


