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India raises diesel, petrol prices for third time in 8 days, amid tense US-Iran ceasefire

South China Morning Post 23 May 2026 9h ago
India raises diesel, petrol prices for third time in 8 days, amid tense US-Iran ceasefire
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India’s state-run refiners raised retail prices again of diesel and petrol on Saturday to help processors cut losses on discounted sales and to control a spike in demand. Prices of both fuels rose by nearly one per cent, or less than 1 rupee, with petrol now sold at 99.51 rupees (US$1.0399) and diesel at 92.49 rupees per litre in New Delhi, according to the website of Indian Oil Corporation, the c
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