India hikes fuel prices as Iran crisis bites

Author: aljazeera.comPublished on: May 15, 2026Country: India
PoliticsBusiness & Economy
India hikes fuel prices as Iran crisis bites

India has raised fuel prices by about 3% due to the energy crisis driven by the US-Israel war on Iran. The government announced a price hike of 3 rupees ($0.03) per litre, bringing gasoline prices to 97.77 rupees ($1.02) and diesel to 90.67 rupees ($0.94). This decision follows Prime Minister Narendra Modi's call for Indians to adopt voluntary austerity measures, describing fuel saving as an act of patriotism.

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