Why Fuel Prices in India May Rise Again Despite Recent Hikes

Brief By Hindustan Times / 2:40 PM on 25 May 2026

India may face further petrol and diesel price hikes as tensions linked to the US-Iran conflict continue disrupting global oil supply routes through the Strait of Hormuz. Fuel prices have already increased four times recently, with experts warning volatile crude markets and costly imports could force oil companies to revise retail rates again