Diesel prices have surged 45% since the beginning of the US‑Iran conflict, reflecting growing tensions in West Asia and disruptions to global energy markets. The spike is impacting transport, industry, and consumers worldwide, as nations grapple with rising fuel costs and supply uncertainties. Analysts warn that continued escalation in the region could push diesel prices even higher, further straining global economies and energy security.


US-Iran War: Diesel Up 45% Since US-Iran Conflict Began

Reserve Bank of India (RBI) Governor Shaktikanta Das on Thursday said there is a need for coordinated action between the centre and state governments to reduce taxes on petrol and diesel prices.

Need coordinated action between centre, states on tax reduction in fuel prices: RBI governor 

Petrol and diesel prices witnessed a minor surge and stood at Rs 75.45 per litre and Rs 68.40 per litre respectively in Delhi and across major cities of the country on Saturday.

Delhi: Petrol price up 10 paise, diesel by 15 paise

Fuel prices witnessed further reduction on Wednesday, providing some relief to consumers from relentless rate hikes. The petrol price in Delhi was revised to Rs 81.

Petrol prices decline for seventh straight day; no cut in diesel prices

The excise duty cut declared by the Centre on petrol and diesel from the midnight of October 4 by Rs 2.50 per litre, with the Centre bearing Rs 1.50 and the oil marketing companies (OMCs) the balance one rupee in a litre of the fuel sold, seems to be a desperate bid to soothe the frayed feelings of consumers.

Rising fuel prices: Cosmetic changes won’t help

States can cut petrol price by Rs 2.65 per litre and diesel by Rs 2 a litre if they decide to forego potential additional gains out of high crude oil rates, an SBI report said

States can cut petrol price by Rs 2.65/litre by giving up additional gains: Report

The diesel prices have been cut by 46 Brazilian cents ($0.13) per litre which would be maintained for 60 days

Brazil: President Michel Temer reduces diesel price as measure to end crippling strike

News brief: Big stories of the day

In last nine days, petrol price has risen by Rs 2.24 a litre and diesel by Rs 2.15

Steps to deal with rising petrol, diesel prices likely this week: Official

News reports quoting unnamed sources said Tuesday that Petroleum Minister Dharmendra Pradhan may meet with oil companies today. He had on Sunday said the Centre was 'sensitive' about 'rising fuel prices'

Petrol, diesel prices hiked for 9th time in 9 days

Indians expressed their dismay on Wednesday (September 13) as a hike of 7-8 paise per litre in petrol and 10-11 paise per litre in diesel prices pushed the fuel rates to their highest since PM Modi assumed office in 2014

Fuel prices touch three-year high

Petrol price was last hiked by 89 paise per litre on November 1

India: Petrol price cut by Rs 1.46, diesel by Rs 1.53 per litre

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