Fuel prices across India saw another sharp increase on Monday, with petrol and diesel rates going up by more than ₹2.5 per litre. This marks the fourth hike in just 10 days, raising concerns over rising transportation costs and inflation. According to the latest revision by oil marketing companies, petrol prices were increased by around ₹2.61 per litre, while diesel prices rose by nearly ₹2.71 per litre in several cities. The fresh hike has pushed petrol prices beyond the ₹100-per-litre mark in parts of the country once again.

The repeated increase in fuel prices comes amid continued volatility in global crude oil markets. Rising international oil prices, geopolitical tensions in the Middle East, and higher import costs are being cited as the primary reasons behind the latest revision. Industry experts say Indian oil companies are facing pressure due to expensive crude imports and currency fluctuations. In major cities, commuters and transport operators are expected to feel the immediate impact. Higher fuel costs often lead to increased expenses in logistics, public transport, food delivery services, and daily commuting. Economists also warn that persistent fuel price hikes may contribute to inflation in the coming weeks.

Over the past two weeks, petrol and diesel prices have cumulatively risen by nearly ₹7 to ₹8 per litre. Earlier hikes during the month had already increased the financial burden on households and businesses dealing with higher operating costs. Transport sector representatives have expressed concern over the frequent revisions, saying repeated increases make it difficult for businesses to manage expenses. Small businesses dependent on daily transportation are likely to be among the worst affected.

Many consumers in urban areas are increasingly turning towards public transport, carpooling, and fuel-efficient vehicles to reduce expenses. Analysts believe that if global crude oil prices remain elevated, more fuel price hikes cannot be ruled out in the near future. The latest increase once again highlights India’s dependence on imported crude oil and the direct impact of global energy markets on domestic fuel prices.

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