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Jun 15, 2025
Potential fuel price surge in India due to Israel-Iran conflict
Tensions between Israel and Iran have sent global oil prices soaring, with Brent crude now at a five-month high of $78 per barrel. Since India's fuel prices are closely linked to international rates, there's a real chance that petrol and diesel could get more expensive here. Any trouble in the Middle East—one of the world's biggest oil hubs—tends to ripple out worldwide.
TL;DR
Petrol, diesel prices already high in India
Right now, fuel is already pricey in major Indian cities—petrol is about ₹94.77 per liter in Delhi and over ₹103.50 in Mumbai. If the conflict drags on or worsens, experts say we could see even higher prices at the pump, which would hit both daily commuters and the broader economy. For now, things are uncertain, but it's definitely something to keep an eye on.