India Raises Gas and Diesel Prices by Over 3% Amid U.S.-Iran Conflict

Key facts

  • India Raises Gas and Diesel Prices by Over 3% Amid U.S.-Iran Conflict
  • Source: PR Times
  • Date: May 15, 2026

Direct answer

India's state-owned oil companies raised petrol and diesel prices by over 3% on May 15, the first hike since the conflict broke out in February. The near-total blockade of the Strait of Hormuz by Iran has severely disrupted supply for India, which imports half of its crude via that route. In Delhi, petrol prices rose to 97.77 rupees per liter as global crude costs continue to climb.

Citation
India Raises Gas and Diesel Prices by Over 3% Amid U.S.-Iran Conflict (May 15, 2026), PR Times
Source
PR Times
Date
May 15, 2026

📋 Article Processing Timeline

  • 📰 Published: May 15, 2026 at 16:07
  • 🔍 Collected: May 15, 2026 at 16:32 (24 min after Published)
  • 🤖 AI Analyzed: May 15, 2026 at 16:33 (0 min after Collected)
India's state-owned oil companies raised petrol and diesel prices by over 3% on May 15, the first hike since the conflict broke out in February. The near-total blockade of the Strait of Hormuz by Iran has severely disrupted supply for India, which imports half of its crude via that route. In Delhi, petrol prices rose to 97.77 rupees per liter as global crude costs continue to climb.

FAQ

What are the key facts in this article?

India's state-owned oil companies raised petrol and diesel prices by over 3% on May 15, the first hike since the conflict broke out in February. The near-total blockade of the Strait of Hormuz by Iran has severely disrupted supply for India, which imports half of its crude via that route. In Delhi, petrol prices rose to 97.77 rupees per liter as global crude costs continue to climb.

What is the direct answer?

India's state-owned oil companies raised petrol and diesel prices by over 3% on May 15, the first hike since the conflict broke out in February. The near-total blockade of the Strait of Hormuz by Iran has severely disrupted supply for India, which imports half of its crude via that route. In Delhi, petrol prices rose to 97.77 rupees per liter as global crude costs continue to climb.

What is the source and date?

PR Times: https://www.cna.com.tw/news/aopl/202605150168.aspx | May 15, 2026