Bhubaneswar/New Delhi: After PM’ calls for austerity measures, the Centre on Friday increased the prices of petrol and diesel by Rs 3 per litre amid disruption of oil and gas supplies due to the conflict in West Asia. Following the change in rates, petrol prices crossed Rs 100-mark in Bhubaneswar. The price was recorded at Rs 104 per litre, while diesel prices crossed Rs 95 per litre.
Petrol price had hit a century in Rajasthan’s Jaipur as well. Petrol prices in Jaipur jumped to Rs 107.97 per litre, and diesel prices climbed to Rs 93.23 per litre.
Meanwhile, the price hike led to panic buying in Bhubaneswar with long queues outside petrol pumps in the city. This happened despite the state government’s earlier assurance about enough stock in the state.
According to reports, the petrol will now cost Rs 97.77 per litre in Delhi, Rs 108.74 per litre in Kolkata, Rs 106.68 in Mumbai and Rs 103.67 per litre in Chennai.
Diesel will now be sold at Rs 90.67 per litre in Delhi, at Rs 95.13 per litre in Kolkata, at Rs at Rs 95.25 per litre in Chennai and at 93.14 per litre in Mumbai, according to an NDTV report.
The CNG prices were also increased to Rs 79.09 per kg in the national capital.
The BJP defended the move. It said India had recorded the “smallest material increase” among all major countries amid the war.
“The surge in global fuel prices since the outbreak of the West Asia conflict offers a revealing comparison of how different countries have managed economic shocks. The closure of the Strait of Hormuz, the world’s most critical oil chokepoint, and the prolonged disruption of shipments sent Brent crude soaring above $100 per barrel through much of April and early May. Across the world, consumers have felt the impact directly at fuel stations. But India stands out as a striking exception. Between 23 February and 15 May 2026, nearly every major economy saw sharp increases in petrol and diesel prices. In several countries, the rise has been staggering…” wrote Amit Malviya on his X handle.
Meanwhile, the Opposition parties criticised the government for the price hike. The Congress party called Prime Minister Narendra Modi as ‘Inflation Man.’ In a post on X, the party took a swipe at the PM by stating that ‘elections were over’ and the ‘inflation man’ was now focused on recovery of funds from the public.
