Fuel prices in India hiked for the eighth time in nine days on Wednesday. The total hike has now climbed to ₹5.60 a litre. In the national capital Delhi, petrol and diesel are currently being sold at ₹101.01 per litre and 92.27/litre respectively.
In Mumbai, the price of diesel has crossed the ₹100 mark. In Chennai, the prices of petrol and diesel are at ₹ 106.69 per litre and ₹ 96.76 per litre respectively.
Fuel rates have been surging across the country. The prices of diesel and petrol were hiked by 80 paise and 70 paise per litre respectively. There was a pause in the revision of fuel prices from November 2021, which was broken on March 22 following the crude oil increase.
Nirmala Sitharaman said that the record hike in fuel prices in the country was due to the spike in global oil prices. She said opposition parties stated that the war in Ukraine had been raging for a long time and prices of fuel were being raised now.