Petrol, Diesel and CNG Prices Hiked for the Third Time in 10 Days

Fuel prices have risen for the third time in under ten days across major Indian cities, drawing widespread public frustration as residents warn of mounting financial pressure on middle-class families and daily commuters. The latest petrol and diesel hike, which took effect on Saturday, comes against a backdrop of continued volatility in global energy markets driven by West Asia conflict and supply concerns that have kept crude oil prices elevated. 

Simultaneously, Indraprastha Gas Limited (IGL) raised CNG prices by ₹1 per kilogram, adding to the burden on commuters who rely on gas-powered vehicles.

Fuel prices in India are determined by a combination of international crude and gas rates, currency exchange rates, and local taxes and levies. The back-to-back hikes across petrol, diesel, and CNG are expected to push up transport and logistics costs, with potential downstream effects on inflation. For households, the immediate impact will be felt through higher commuting expenses and likely increases in the cost of road-transported goods.