India: Petrol, Diesel Prices Up By Rs 3, CNG Costlier By Rs 2 Amid Iran War | LIVE

Added: 2026-05-18

[00:00:00]Feeling the impact directly at the fuel stations. Petrol and diesel retail prices have been hyped across the country for the first time in four years. State-run oil marketing companies revise fuel prices from Friday. Rising petrol and diesel rates by up to ₹3 per litre across the metro cities. The report suggests the decision came after months of losses faced by public sector refineries. In Delhi, petrol prices have risen by ₹3 to ₹97.77 per litre. Kolkata recorded the sharpest petrol prices with rates jumping by over ₹3 to ₹18.74 per litre. Mumbai and Chennai also witness tea provisions with petrol prices crossing ₹16 in Mumbai and ₹13 in Chennai.

[00:00:47]Diesel prices to see similar increases across all four metros. While in the Indian capital, diesel now costs ₹90.67, oil companies claimed import costs and shipping expenses have risen sharply over the past few months. CNG prices have also been revised with Delhi and Mumbai seeing a ₹2 increase per kg.

[00:01:08]Reports indicate India's major oil companies were losing thousands of crores daily. As they continued selling fuel below import costs to prevent a sharp spike in inflation. Global crude prices have remained volatile since the Iran war escalated as French crude saw near the $100 a barrel mark amid fears of disruption in the state of Iran. A key route for global oil shipments and the scale of the search can be understood from these numbers. The basket of crude oil imported by India averaged around $69 a barrel before the West Indies conflict. But Row Sharply $23 to $4 in the months that followed. India, which is the world's third-largest oil consumer and imports nearly 85% of its crude oil, needs to be believed to be particularly vulnerable to such supply shocks. Amid rising energy costs, Prime Minister Narendra Modi has urged early Earth citizens to reduce petrol and diesel consumption.

[00:02:05]I appeal to every citizen of the country to reduce the use of petrol and diesel wherever possible.

[00:02:21]Use the metro.

[00:02:27]Use electric buses and public transport more.

[00:02:34]Encourage car pooling.

[00:02:38]Those who have a car should carry more people in one vehicle.

[00:02:47]Union Minister Hardeep Singh Puri clarified that the government is only urging people to adopt responsible energy usage and not indicating any restrictions and lockdown measures.

[00:02:58]Please see what the Honourable Prime Minister has actually said. And let's not put a pizza construct on it. He is saying and look, this is born out by the facts. If you look at the ah news this morning, ah the leader of the largest economy in the world is saying that the fire is on life support. I think those are the exact words you say. What he says is time has come for us to look at our lifestyle also and I am totally indoors that by the way it is not that any lockdown is going to take place tomorrow if in the national capital New Delhi Chief Minister Rekha Gupta has announced a 90 day public campaign that is cutting down fuel consumption across the city. The petrol limit for officials is 200 litres and 250 litres, which we have reduced by 20%. Those who had a limit of 200 litres of petrol will now have a limit of 160 litres.

[00:04:03]Every Monday of every month, we will operate as Metro Monday, in which all of us ministers, all our senior officers and employees will go to office and come back by metro wherever possible.

[00:04:18]We have made our official timing of Delhi Government from 10:30 am to 7:00 pm.

[00:04:30]Several other states have also started responding to the Prime Minister's appeal.

[00:04:34]Maharashtra Chief Minister Devendra Fadnavis said his government was looking at ways to cut fuel usage. Adding that ministers have even reduced the size of their vehicle, Cornvoice. The Prime Minister has asked all of us to take some precautions in view of the situation in the country and the world.

[00:04:58]Due to this, whether it is petrol, diesel or other things, we have to try to reduce its consumption.

[00:05:05]We have all reduced our convoys. Today I can say that the reason I came here on my motorcycle was to support this decision and when we do this, these things reach more and more people.

[00:05:25]That's why I came here on my motorcycle and we have taken many decisions on how we can save the country's money.

[00:05:35]Reports suggest the impact of the Iran war on fuel prices has been far sharper in several other major economies. In the United States, petrol prices have risen by nearly 45% since the conflict escalated. While the UAE has seen petrol rates jump by over 50%, in contrast, India's petrol price revision of around 3 to 3 and a half% is being viewed as one of the lowest among major economies even as global crude prices continue to remain elevated. While the government has repeatedly asserted that India continues to maintain low fuel stocks, the latest price revision is being viewed as a response to continued volatility. As the Iran war continues to shake global energy markets, Indians are now feeling the impact directly at the fuel stations.

[00:06:22]Petrol and diesel retail prices have been hidden across the country for the first time in four years. State-run oil marketing companies revise fuel prices from Friday. Rising petrol and diesel rates by up to ₹3 per litre across metro cities. The report suggests the decision came after months of losses faced by public sector refineries. In Delhi, petrol prices have risen by ₹3 to ₹97.77 per litre. Kolkata recorded the sharpest petrol prices with rates jumping by over ₹3 to ₹18.74 per litre. Mumbai and Chennai also witness tea provisions with petrol prices crossing ₹16 in Mumbai and ₹13 in Chennai.

[00:07:06]Diesel prices to see similar increases across all four metros. While in the Indian capital, diesel now costs ₹90.67, oil companies claimed import costs and shipping expenses have risen sharply over the past few months. CNG prices have also been revised with Delhi and Mumbai seeing a ₹2 increase per kg.

[00:07:27]Reports indicate India's major oil companies were losing thousands of crores daily. As they continued selling fuel below import costs to prevent a sharp spike in inflation. Global crude prices have remained volatile since the Iran war escalated as French crude saw near the $100 a barrel mark amid fears of disruption in the state of Iran. A key route for global oil shipments and the scale of the search can be understood from these numbers. The basket of crude oil imported by India averaged around $69 a barrel before the West Asia conflict. But Row Sharply $23 to $4 in the months that followed. India, which is the world's third-largest oil consumer and imports nearly 85% of its crude oil needs, is believed to be particularly vulnerable to such supply shocks. Amid rising energy costs, Prime Minister Narendra Modi has urged early Earth citizens to reduce petrol and diesel consumption.

[00:08:25]I appeal to every citizen of the country to reduce the use of petrol and diesel wherever possible.

[00:08:40]Use the metro.

[00:08:46]Use electric buses and public transport more.

[00:08:53]Promote car pooling.

[00:08:58]Those who have a car should carry more people in one vehicle.

[00:09:06]Union Minister Hardeep Singh Puri clarified that the government is only urging people to adopt responsible energy usage and not indicating any restrictions and lockdown measures.

[00:09:18]Please see what the Honourable Prime Minister has actually said and let's not put a bizarre construct on it. He is saying and look this is born out by the facts. If you look at the ah news this morning the leader of the largest economy in the world is saying that this sea fire is on life support. I think those are the exact words you use. What he says is time has come for us to look at our lifestyle also and I am totally indoors that by the way it is not that any lockdown is going to take place tomorrow if in the national capital New Delhi Chief Minister Rekha Gupta has announced a 90 day public campaign that is cutting down fuel consumption across the city. The petrol limit for officials is 200 litres and 250 litres, which we have reduced by 20%. Those who had a limit of 200 litres of petrol will now have a limit of 160 litres.

[00:10:22]Every Monday of every month, we will operate as Metro Monday, in which all of us ministers, all our senior officers and employees will go to office and come back by metro wherever possible.

[00:10:37]We have made our official timing of Delhi Government from 10:30 am to 7:00 pm.

[00:10:49]Several other states have also started responding to the Prime Minister's appeal.

[00:10:53]Maharashtra Chief Minister Devendra Fadnavis said his government was looking at ways to cut fuel usage. Adding that ministers have even reduced the size of their vehicle convoys. The Prime Minister has asked all of us to take some precautions in view of the situation in the country and the world.

[00:11:17]Due to this, whether it is petrol, diesel or other things, we have to try to reduce its consumption.

[00:11:25]We have all reduced our convoys. Today I can say that the reason I came here on my motorcycle was to support this decision and when we do this, these things reach more and more people.

[00:11:45]That's why I came here on my motorcycle and we have taken many decisions on how we can save the country's money.

[00:11:54]Reports suggest the impact of the Iran war on fuel prices has been far sharper in several other major economies. In the United States, petrol prices have risen by nearly 45% since the conflict escalated.

[00:12:06]While the UAE has seen petrol rates jump over 50%, in contrast, India's petrol price revision of around 3 to 3 and a half% is being viewed as one of the lowest among major economies even as global crude prices continue to remain elevated.

[00:12:24]While the government has repeatedly asserted that India continues to maintain low fuel stocks, the latest price revision is being viewed as a response to continued volatility. As the Iran war continues to shake global energy markets, Indians are now feeling the impact directly at the fuel stations.

[00:12:42]Petrol and diesel retail prices have been hiked across the country for the first time in four years. State-run oil marketing companies revise fuel prices from Friday. Rising petrol and diesel rates by up to ₹3 per litre across metro cities. The report suggests the decision came after months of losses faced by public sector refineries. In Delhi, petrol prices have risen by ₹3 to ₹97.77 per litre. Kolkata recorded the sharpest petrol prices with rates jumping by over ₹3 to ₹18.74 per litre. Mumbai and Chennai also witness tea provisions with petrol prices crossing ₹16 in Mumbai and ₹13 in Chennai.

[00:13:26]Diesel prices to see similar increase across all four metros. While in the Indian capital, diesel now costs ₹90.67, oil companies claimed import costs and shipping expenses have risen sharply over the past few months. CNG prices have also been revised with Delhi and Mumbai seeing a ₹2 increase per kg.

[00:13:47]Reports indicate India's major oil companies were losing thousands of crores daily. As they continued selling fuel below import costs to prevent a sharp spike in inflation. Global crude prices have remained volatile since the Iran war escalated. French crude oil prices passed the $100 per barrel mark amid fears of disruption in the state of Iran. This is a key route for global oil shipments, and the scale of the oil prices can be understood from these numbers.

[00:14:14]The basket of crude oil imported by India averaged around $69 per barrel before the West Asia conflict, but fell sharply from $23 to $4 in the months that followed. India, which is the world's third-largest oil consumer and imports nearly 85% of its crude oil needs, is believed to be particularly vulnerable to such supply shocks. Amid rising energy costs, Prime Minister Narendra Modi has urged early Earth citizens to reduce petrol and diesel consumption.

[00:14:44]I appeal to every citizen of the country to reduce the use of petrol and diesel wherever possible.

[00:15:00]Use the metro.

[00:15:06]Use electric buses and public transport more.

[00:15:13]Encourage car pooling.

[00:15:17]Those who have a car should carry more people in one vehicle.

[00:15:26]Union Minister Hardeep Singh Puri clarified that the government is only urging people to adopt responsible energy usage and not indicating any restrictions and lockdown measures.

[00:15:37]Please see what the Honourable Prime Minister has actually said and let's not put a bizarre construct on it. He is saying and look this is born out by the facts. If you look at the ah news this morning the leader of the largest economy in the world and saying dayat sees fire is a on life support. I think those are the exact words you use. What he says is time has come for us to look at our lifestyle also and I am totally indoors that by the way it is not that any lockdown is going to take place tomorrow if in the national capital New Delhi Chief Minister Rekha Gupta has announced a 90 day public campaign that is cutting down fuel consumption across the city. The petrol limit for officials is 200 litres and 250 litres, which we have reduced by 20%.

[00:16:39]Those who had a limit of 200 litres of petrol will now have 160 litres every month. Every Monday we will operate as Metro Monday in which all of us ministers, all our senior officers and employees will travel to and from office by metro wherever possible.

[00:16:57]We have made our official timing of Delhi Government from 10:30 am to 7:00 pm.

[00:17:09]Several other states have also started responding to the Prime Minister's appeal.

[00:17:13]Maharashtra Chief Minister Devendra Fadnavis said his government was looking at ways to cut fuel usage. Adding that ministers have even reduced the size of their vehicle convoys. The Prime Minister has asked all of us to take some precautions in view of the situation in the country and the world.

[00:17:37]Due to this, whether it is petrol, diesel or other things, we have to try to reduce its consumption.

[00:17:44]We have all reduced our convoys. Today I can say that the reason I came here on my motorcycle was to support this decision and when we do this, these things reach more and more people.

[00:18:04]That's why I came here on my motorcycle and we have taken many decisions on how we can save the country's money.

[00:18:14]Reports suggest the impact of the Iran war on fuel prices has been far sharper in several other major economies. In the United States, petrol prices have risen by nearly 45% since the conflict escalated. While the UAE has seen petrol rates jump over 50%, in contrast, India's petrol price revision of around 3 to 3 and a half% is being viewed as one of the lowest among major economies even as global crude prices continue to remain elevated. While the government has repeatedly asserted that India continues to maintain low fuel stocks, the latest price revisions are being viewed as a response to continued volatility. As the Iran war continues to shake global energy markets, Indians are now feeling the impact directly at the fuel stations.

[00:19:01]Petrol and diesel retail prices have been hyped across the country for the first time in four years. State-run oil marketing companies revise fuel prices from Friday. Rising petrol and diesel rates by up to ₹3 per litre across metro cities. The report suggests the decision came after months of losses faced by public sector refineries. In Delhi, petrol prices have risen by ₹3 to ₹97.77 per litre. Kolkata recorded the sharpest petrol prices with rates jumping by over ₹3 to ₹18.74 per litre. Mumbai and Chennai also witness tea provisions with petrol prices crossing ₹16 in Mumbai and ₹13 in Chennai.

[00:19:45]Diesel prices to see similar increases across all four metros. While in the Indian capital, diesel now costs ₹90.67, oil companies claimed import costs and shipping expenses have risen sharply over the past few months. CNG prices have also been revised with Delhi and Mumbai seeing a ₹2 increase per kg.

[00:20:06]Reports indicate India's major oil companies were losing thousands of crores daily. As they continued selling fuel below import costs to prevent a sharp spike in inflation. Global crude prices have remained volatile since the Iran war escalated in February. Brent crude saw near the $100 per barrel mark amid fears of disruption in the state of Hormos. A key route for global oil shipments and the scale of the search can be understood from these numbers. The basket of crude oil imported by India averaged around $69 a barrel before the West Indies conflict. But Row Sharply $234 in the months that followed. India, which is the world's third-largest oil consumer and imports nearly 85% of its crude oil needs, is believed to be particularly vulnerable to such supply shocks. Amid rising energy costs, Prime Minister Narendra Modi has urged early Earth citizens to reduce petrol and diesel consumption.

[00:21:04]I appeal to every citizen of the country to reduce the use of petrol and diesel wherever possible.

[00:21:19]Use the metro.

[00:21:25]Use electric buses and public transport more.

[00:21:32]Encourage car pooling.

[00:21:37]Those who have a car should carry more people in one vehicle.

[00:21:45]Union Minister Hardeep Singh Puri clarified the government is only urging people to adopt responsible energy usage and not indicating any measures like restrictions and lockdowns.

[00:21:57]Please see what the Honourable Prime Minister has actually said and let's not put a pizza construct on it. He is saying and look, this is born out by the facts if you look at the ah news this morning ah the leader of the largest economy in the world is saying that this cease fire is on life support. I think those are the exact words to use. What he says is time has come for us to look at our lifestyle also and I am totally indoors that by the way it is not that any lockdown is going to take place tomorrow if in the national capital New Delhi Chief Minister Rekha Gupta has announced a 90 day public campaign aimed at cutting down fuel consumption across the city. The petrol limit for officials is 200 litres and 250 litres, which we have reduced by 20%. Those who had a limit of 200 litres of petrol will now have a limit of 160 litres.

[00:23:01]Every Monday of every month, we will operate as Metro Monday, in which all of us ministers, all our senior officers and employees will go to office and come back by metro wherever possible.

[00:23:16]We have made our official timing of Delhi Government from 10:30 am to 7:00 pm.

[00:23:28]Several other states have also started responding to the Prime Minister's appeal.

[00:23:32]Maharashtra Chief Minister Devendra Fadnavis said his government was looking at ways to cut fuel usage. Adding that ministers have even reduced the size of their vehicle, Cornvoice. The Prime Minister has asked all of us to take some precautions in view of the situation in the country and the world.

[00:23:56]Due to this, whether it is petrol, diesel or other things, we have to try to reduce its consumption.

[00:24:04]We have all reduced our convoys. Today I can say that the reason I came here on my motorcycle was to support this decision and when we do this, these things reach more and more people.

[00:24:24]That's why I came here on my motorcycle and we have taken many decisions on how we can save the country's money.

[00:24:33]Reports suggest the impact of the Iran war on fuel prices has been far sharper in several other major economies. In the United States, petrol prices have risen by nearly 45% since the conflict escalated. While the UAE has seen petrol rates jump by over 50%, in contrast, India's petrol price revision of around 3 to 3 and a half% is being viewed as one of the lowest among major economies even as global crude prices continue to remain elevated. While the government has repeatedly asserted that India continues to maintain low fuel stocks, the latest price revision is being viewed as a response to continued volatility. As the Iran war continues to shake global energy markets, Indians are now feeling the impact directly at the fuel stations.

[00:25:21]Petrol and diesel retail prices have been hiked across the country for the first time in four years. State-run oil marketing companies revise fuel prices from Friday. Rising petrol and diesel rates by up to ₹3 per litre across metro cities. The report suggests the decision came after months of losses faced by public sector refineries. In Delhi, petrol prices have risen by ₹3 to ₹97.77 per litre. Kolkata recorded the sharpest petrol prices with rates jumping by over ₹3 to ₹18.74 per litre. Mumbai and Chennai also witness tea provisions with petrol prices crossing ₹16 in Mumbai and ₹13 in Chennai.

[00:26:05]Diesel prices to see similar increases across all four metros. While in the Indian capital, diesel now costs ₹90.67, oil companies claimed import costs and shipping expenses have risen sharply over the past few months. CNG prices have also been revised with Delhi and Mumbai seeing a ₹2 increase per kg.

[00:26:26]Reports indicate India's major oil companies were losing thousands of crores daily. As they continued selling fuel below import costs to prevent a sharp spike in inflation. Global crude prices have remained volatile since the Iran war escalated. French crude oil prices passed the $100 per barrel mark amid fears of disruption in the state of Iran. This is a key route for global oil shipments, and the scale of the oil prices can be understood from these numbers.

[00:26:53]The basket of crude oil imported by India averaged around $69 per barrel before the Iran conflict, but fell sharply from $23 to $4 in the months that followed. India, which is the world's third-largest oil consumer and imports nearly 85% of its crude oil needs, is believed to be particularly vulnerable to such supply shocks. Amid rising energy costs, Prime Minister Narendra Modi has urged early Earth citizens to reduce petrol and diesel consumption.

[00:27:23]I appeal to every citizen of the country to reduce the use of petrol and diesel wherever possible.

[00:27:39]Use the metro.

[00:27:45]Use electric buses and public transport more.

[00:27:52]Promote car pooling.

[00:27:56]Those who have a car should carry more people in one vehicle.

[00:28:05]Union Minister Hardeep Singh Puri clarified the government is only urging people to adopt responsible energy usage and not indicating any measures like restrictions and lockdowns.

[00:28:16]Please see what the Honourable Prime Minister has actually said and let's not put a bizarre construct on it. He is saying and look this is born out by the facts. If you look at the ah news this morning the leader of the largest economy in the world is saying that this fire is on life support. I think those are the exact words to use. What he says is time has come for us to look at our lifestyle also and I am totally indoors that by the way it is not that any lockdown is going to take place tomorrow if in the national capital New Delhi Chief Minister Rekha Gupta has announced a 90 day public campaign for cutting down fuel consumption across the city. The petrol limit given to the authorities is 200 litres and 250 litres which we have reduced by 20%. Those who had a limit of 200 litres of petrol will now have a limit of 160 litres. Every Monday of every month, we will operate as Metro Monday, in which all of us ministers, all our senior officers and employees will go to office and come back by metro wherever possible.

[00:29:36]We have made our official timing of Delhi Government from 10:30 am to 7:00 pm.

[00:29:48]Several other states have also started responding to the Prime Minister's appeal.

[00:29:52]Maharashtra Chief Minister Devendra Fadnavis said his government was looking at ways to cut fuel usage. Adding that ministers have even reduced the size of their vehicle convoys. The Prime Minister has asked all of us to take some precautions in view of the situation in the country and the world.

[00:30:16]Due to this, whether it is petrol, diesel or other things, we have to try to reduce its consumption.

[00:30:23]We have all reduced our convoys. Today I can say that the reason I came here on my motorcycle was to support this decision and when we do this, these things reach more and more people. That's why I came here on my motorcycle and we have taken many decisions on how we can save the country's money.

[00:30:53]Reports suggest the impact of the Iran war on fuel prices has been far sharper in several other major economies. In the United States, petrol prices have risen by nearly 45% since the conflict escalated. While the UAE has seen petrol rates jump by over 50%, in contrast, India's petrol price revision of around 3 to 3 and a half% is being viewed as one of the lowest among major economies even as global crude prices continue to remain elevated. While the government has repeatedly asserted that India continues to maintain low fuel stocks, the latest price revision is being viewed as a response to continued volatility. As the Iran war continues to shake global energy markets, Indians are now feeling the impact directly at the fuel stations.

[00:31:40]Petrol and diesel retail prices have been hiked across the country for the first time in four years. State-run oil marketing companies revise fuel prices from Friday. Rising petrol and diesel rates by up to ₹3 per litre across metro cities. The report suggests the decision came after months of losses faced by public sector refineries. In Delhi, petrol prices have risen by ₹3 to ₹97.77 per litre. Kolkata recorded the sharpest petrol prices with rates jumping by over ₹3 to ₹18.74 per litre. Mumbai and Chennai also witness tea provisions with petrol prices crossing ₹16 in Mumbai and ₹13 in Chennai.

[00:32:24]Diesel prices to see similar increases across all four metros. While in the Indian capital, diesel now costs ₹90.67, oil companies claimed import costs and shipping expenses have risen sharply over the past few months. CNG prices have also been revised with Delhi and Mumbai seeing a ₹2 increase per kg.

[00:32:45]Reports indicate India's major oil companies were losing thousands of crores daily. As they continued selling fuel below import costs to prevent a sharp spike in inflation. Global crude prices have remained volatile since the Iran war escalated. French crude oil prices passed the $100 per barrel mark amid fears of disruption in the state of Iran. This is a key route for global oil shipments, and the scale of the oil prices can be understood from these numbers.

[00:33:12]The basket of crude oil imported by India averaged around $69 per barrel before the Iran conflict, but fell sharply to $234 in the months that followed. India, which is the world's third-largest oil consumer and imports nearly 85% of its crude oil needs, is believed to be particularly vulnerable to such supply shocks. Amid rising energy costs, Prime Minister Narendra Modi has urged early Earth citizens to reduce petrol and diesel consumption.

[00:33:43]I appeal to every citizen of the country to reduce the use of petrol and diesel wherever possible.

[00:33:58]Use the metro.

[00:34:04]Use electric buses and public transport more.

[00:34:11]Promote car pooling.

[00:34:16]Those who have a car should carry more people in one vehicle.

[00:34:24]Union Minister Hardeep Singh Puri clarified the government is only urging people to adopt responsible energy usage and not indicating any measures like restrictions and lockdowns.

[00:34:36]Please see what the Honourable Prime Minister has actually said and let's not put a bizarre construct on it. He is saying and look, this is born out by the facts. If you look at the ah news this morning the leader of the largest economy in the world is saying that this fire is on life support. I think those are the exact words to use. What he says is time has come for us to look at our lifestyle also and I am totally indoors that by the way it is not that any lockdown is going to take place tomorrow if in the national capital New Delhi Chief Minister Rekha Gupta has announced a 90 day public campaign for cutting down fuel consumption across the city. The petrol limit given to the authorities is 200 litres and 250 litres which we have reduced by 20%. Those who had a limit of 200 litres of petrol will now have a limit of 160 litres. Every Monday of every month, we will operate as Metro Monday, in which all of us ministers, all our senior officers and employees will go to office and come back by metro wherever possible.

[00:35:55]We have made our official timing of Delhi Government from 10:30 am to 7:00 pm.

[00:36:07]Several other states have also started responding to the Prime Minister's appeal.

[00:36:11]Maharashtra Chief Minister Devendra Fadnavis said his government was looking at ways to cut fuel usage. Adding that ministers have even reduced the size of their vehicle convoys. The Prime Minister has asked all of us to take some precautions in view of the situation in the country and the world. Due to this, whether it is petrol, diesel or other things, we have to try to reduce its consumption.

[00:36:41]We have all reduced our convoys. Today I can say that the reason I came here on my motorcycle was to support this decision and when we do this, these things reach more and more people. That's why I came here on my motorcycle and we have taken many decisions on how we can save the country's money.

[00:37:12]Reports suggest the impact of the Iran war on fuel prices has been far sharper in several other major economies. In the United States, petrol prices have risen by nearly 45% since the conflict escalated. While the UAE has seen petrol rates jump by over 50%, in contrast, India's petrol price revision of around 3 to 3 and a half% is being viewed as one of the lowest among major economies. Even as global crude prices continue to remain elevated. While the government has repeatedly asserted that India continues to maintain low fuel stocks, the latest price revision is being viewed as a response to continued volatility. As the Iran war continues to shake global energy markets, Indians are now feeling the impact directly at the fuel stations.

[00:38:00]Petrol and diesel retail prices have been hyped across the country for the first time in four years. State-run oil marketing companies revise fuel prices from Friday. Rising petrol and diesel rates by up to ₹3 per litre across metro cities. The report suggests the decision came after months of losses faced by public sector refineries. In Delhi, petrol prices have risen by ₹3 to ₹97.77 per litre. Kolkata recorded the sharpest petrol prices with rates jumping by over ₹3 to ₹18.74 per litre. Mumbai and Chennai also witness tea provisions with petrol prices crossing ₹16 in Mumbai and ₹13 in Chennai.

[00:38:44]Diesel prices to see similar increases across all four metros. While in the Indian capital, diesel now costs ₹90.67, oil companies claimed import costs and shipping expenses have risen sharply over the past few months. CNG prices have also been revised with Delhi and Mumbai seeing a ₹2 hike per kg.

[00:39:05]Reports indicate India's major oil companies were losing thousands of crores daily. As they continued selling fuel below import costs to prevent a sharp spike in inflation. Global crude prices have remained volatile since the Iran war escalated. French crude oil prices passed the $100 per barrel mark amid fears of disruption in the Strait of Hormuz, a key route for global oil shipments, and the scale of the oil prices can be understood from these numbers. The basket of crude oil imported by India averaged around $69 per barrel before the conflict, but fell sharply to $23 from $24 in the months that followed. India, which is the world's third-largest oil consumer and imports nearly 85% of its crude oil needs, is believed to be particularly vulnerable to such supply shocks. Amid rising energy costs, Prime Minister Narendra Modi has urged early Earth citizens to reduce petrol and diesel consumption.

[00:40:02]I appeal to every citizen of the country to reduce the use of petrol and diesel wherever possible.

[00:40:18]Use the metro.

[00:40:24]Use electric buses and public transport more.

[00:40:31]Encourage car pooling.

[00:40:35]Those who have a car should carry more people in one vehicle.

[00:40:44]Union Minister Hardeep Singh Puri clarified the government is only urging people to adopt responsible energy usage and not indicating any measures like restrictions and lockdowns.

[00:40:55]Please see what the Honourable Prime Minister has actually said and let's not put a bizarre construct on it. He is saying and look, this is borne out by the facts if you look at the news this morning ah the leader of the largest economy in the world is saying that this cease fire is on life support. I think those are the exact words to use. What he says is time has come for us to look at our lifestyle also and I am totally indoors that by the way it is not that any lockdown is going to take place tomorrow if in the national capital New Delhi Chief Minister Rekha Gupta has announced a 90 day public campaign aimed at cutting down fuel consumption across the city. The petrol limit for officials is 200 litres and 250 litres, which we have reduced by 20%. Those who had a limit of 200 litres of petrol will now have a limit of 160 litres.

[00:41:59]Every Monday of every month, we will operate as Metro Monday, in which all of us ministers, all our senior officers and employees will go to office and come back by metro wherever possible.

[00:42:15]We have made our official timing of Delhi Government from 10:30 am to 7:00 pm.

[00:42:27]Several other states have also started responding to the Prime Minister's appeal.

[00:42:31]Maharashtra Chief Minister Devendra Fadnavis said his government was looking at ways to cut fuel usage. Adding that ministers have even reduced the size of their vehicle, Cornvoice. The Prime Minister has asked all of us to take some precautions in view of the situation in the country and the world. Due to this, whether it is petrol, diesel or other things, we have to try to reduce its consumption.

[00:43:01]We have all reduced our convoys. Today I can say that the reason I came here on my motorcycle was to support this decision and when we do this, these things reach more and more people.

[00:43:22]That's why I came here on my motorcycle and we have taken many decisions on how we can save the country's money.

[00:43:32]Reports suggest the impact of the Iran war on fuel prices has been far sharper in several other major economies. In the United States, petrol prices have risen by nearly 45% since the conflict escalated. While the UAE has seen petrol rates jump by over 50%, in contrast, India's petrol price revision of around 3 to 3 and a half% is being viewed as one of the lowest among major economies even as global crude prices continue to remain elevated. While the government has repeatedly asserted that India continues to maintain low fuel stocks, the latest price revision is being viewed as a response to continued volatility. As the Iran war continues to shake global energy markets, Indians are now feeling the impact directly at the fuel stations.

[00:44:19]Petrol and diesel retail prices have been hyped across the country for the first time in four years. State-run oil marketing companies revise fuel prices from Friday. Rising petrol and diesel rates by up to ₹3 per litre across metro cities. The report suggests the decision came after months of losses faced by public sector refineries. In Delhi, petrol prices have risen by ₹3 to ₹97.77 per litre. Kolkata recorded the sharpest petrol prices with rates jumping by over ₹3 to ₹18.74 per litre. Mumbai and Chennai also witness tea provisions with petrol prices crossing ₹16 in Mumbai and ₹13 in Chennai.

[00:45:03]Diesel prices to see similar increases across all four metros. While in the Indian capital, diesel now costs ₹90.67, oil companies claimed import costs and shipping expenses have risen sharply over the past few months. CNG prices have also been revised with Delhi and Mumbai seeing a ₹2 hike per kg.

[00:45:24]Reports indicate India's major oil companies were losing thousands of crores daily. As they continued selling fuel below import costs to prevent a sharp spike in inflation. Global crude prices have remained volatile since the Iran war escalated in February. Brent crude saw near the $100 per barrel mark amid fears of disruption in the state of Hormos. A key route for global oil shipments and the scale of the search can be understood from these numbers. The basket of crude oil imported by India averaged around $69 a barrel before the West Indies conflict. But Row Sharply $234 in the months that followed. India, which is the world's third-largest oil consumer and imports nearly 85% of its crude oil needs, is believed to be particularly vulnerable to such supply shocks. Amid rising energy costs, Prime Minister Narendra Modi has urged early Earth citizens to reduce petrol and diesel consumption.

[00:46:22]I appeal to every citizen of the country to reduce the use of petrol and diesel wherever possible.

[00:46:37]Use the metro.

[00:46:43]Use electric buses and public transport more.

[00:46:50]Encourage car pooling.

[00:46:55]Those who have a car should carry more people in one vehicle.

[00:47:03]Union Minister Hardeep Singh Puri clarified the government is only urging people to adopt responsible energy usage and not indicating any measures like restrictions and lockdowns.

[00:47:15]Please see what the Honourable Prime Minister has actually said and let's not put a bizarre construct on it. He is saying and look, this is borne out by the facts if you look at the ah news this morning the leader of the largest economy in the world is saying that the ceasefire is on life support. I think those are the exact words to use. What he says is time has come for us to look at our lifestyle also and I am totally indoors that by the way it is not that any lockdown is going to take place tomorrow if in the national capital New Delhi Chief Minister Rekha Gupta has announced a 90 day public campaign that is cutting down fuel consumption across the city. The petrol limit for officials is 200 litres and 250 litres, which we have reduced by 20%. Those who had a limit of 200 litres of petrol will now have a limit of 160 litres.

[00:48:19]Every Monday of every month, we will operate as Metro Monday, in which all of us ministers, all our senior officers and employees will go to office and come back by metro wherever possible.

[00:48:34]We have made our official timing of Delhi Government from 10:30 am to 7:00 pm.

[00:48:46]Several other states have also started responding to the Prime Minister's appeal.

[00:48:50]Maharashtra Chief Minister Devendra Fadnavis said his government was looking at ways to cut fuel usage. Adding that ministers have even reduced the size of their vehicle convoys. The Prime Minister has asked all of us to take some precautions in view of the situation in the country and the world.

[00:49:14]Due to this, whether it is petrol, diesel or other things, we have to try to reduce its consumption.

[00:49:22]We have all reduced our convoys. Today I can say that the reason I came here on my motorcycle was to support this decision and when we do this, these things reach more and more people.

[00:49:42]That's why I came here on my motorcycle and we have taken many decisions on how we can save the country's money.

[00:49:51]Reports suggest the impact of the Iran war on fuel prices has been far sharper in several other major economies. In the United States, petrol prices have risen by nearly 45% since the conflict escalated. While the UAE has seen petrol rates jump by over 50%, in contrast, India's petrol price revision of around 3 to 3 and a half% is being viewed as one of the lowest among major economies even as global crude prices continue to remain elevated. While the government has repeatedly asserted that India continues to maintain adequate fuel stocks. The latest price revision is being viewed as a response to continued volatility. As the Iran war continues to shake global energy markets, Indians are now feeling the impact directly at the fuel stations.

[00:50:39]Petrol and diesel retail prices have been hiked across the country for the first time in four years. State-run oil marketing companies revise fuel prices from Friday. Rising petrol and diesel rates by up to ₹3 per litre across metro cities. The report suggests the decision came after months of losses faced by public sector refineries. In Delhi, petrol prices have risen by ₹3 to ₹97.77 per litre. Kolkata recorded the sharpest petrol prices with rates jumping by over ₹3 to ₹18.74 per litre. Mumbai and Chennai also witness tea provisions with petrol prices crossing ₹16 in Mumbai and ₹13 in Chennai.

[00:51:23]Diesel prices to see similar increases across all four metros. While in the Indian capital, diesel now costs ₹90.67, oil companies claimed import costs and shipping expenses have risen sharply over the past few months. CNG prices have also been revised with Delhi and Mumbai seeing a ₹2 increase per kg.

[00:51:43]Reports indicate India's major oil companies were losing thousands of crores daily. As they continued selling fuel below import costs to prevent a sharp spike in inflation. Global crude prices have remained volatile since the Iran war escalated. French crude oil prices passed the $100 per barrel mark amid fears of disruption in the state of Iran. This is a key route for global oil shipments, and the scale of the oil prices can be understood from these numbers.

[00:52:11]The basket of crude oil imported by India averaged around $69 per barrel before the Iran conflict, but fell sharply to $234 in the months that followed. India, which is the world's third-largest oil consumer and imports nearly 85% of its crude oil needs, is believed to be particularly vulnerable to such supply shocks. Amid rising energy costs, Prime Minister Narendra Modi has urged early Earth citizens to reduce petrol and diesel consumption.

[00:52:41]I appeal to every citizen of the country to reduce the use of petrol and diesel wherever possible.

[00:52:57]Use the metro.

[00:53:03]Use electric buses and public transport more.

[00:53:09]Encourage car pooling.

[00:53:14]Those who have a car should carry more people in one vehicle.

[00:53:23]Union Minister Hardeep Singh Puri clarified the government is only urging people to adopt responsible energy usage and not indicating any measures like restrictions and lockdowns.

[00:53:34]Please see what the Honourable Prime Minister has actually said and let's not put a bizarre construct on it. He is saying and look, this is born out by the facts. If you look at the ah news this morning, ah the leader of the largest economy in the world is saying that this fire is on life support. I think those are the exact words to use. What he says time has come for us to look at our lifestyle also and I am totally indoors that by the way it is not that any lockdown is going to take place tomorrow if in the national capital New Delhi Chief Minister Rekha Gupta has announced a 90 day public campaign towards cutting down fuel consumption across the city. The petrol limit for officials is 200 litres and 250 litres, which we have reduced by 20%. Those who had a limit of 200 litres of petrol will now have a limit of 160 litres.

[00:54:38]Every Monday of every month, we will operate as Metro Monday, in which all of us ministers, all our senior officers and employees will go to office and come back by metro wherever possible.

[00:54:54]We have made our official timing of Delhi Government from 10:30 am to 7:00 pm.

[00:55:06]Several other states have also started responding to the Prime Minister's appeal.

[00:55:10]Maharashtra Chief Minister Devendra Fadnavis said his government was looking at ways to cut fuel usage. Adding that ministers have even reduced the size of their vehicle convoys. The Prime Minister has asked all of us to take some precautions in view of the situation in the country and the world.

[00:55:34]Due to this, whether it is petrol, diesel or other things, we have to try to reduce its consumption.

[00:55:41]We have all reduced our convoys. Today I can say that the reason I came here on my motorcycle was to support this decision and when we do this, these things reach more and more people. That's why I came here on my motorcycle and we have taken many decisions on how we can save the country's money.

[00:56:11]Reports suggest the impact of the Iran war on fuel prices has been far sharper in several other major economies. In the United States, petrol prices have risen by nearly 45% since the conflict escalated. While the UAE has seen petrol rates jump by over 50%, in contrast, India's petrol price revision of around 3 to 3 and a half% is being viewed as one of the lowest among major economies even as global crude prices continue to remain elevated. While the government has repeatedly asserted that India continues to maintain low fuel stocks, the latest price revision is being viewed as a response to continued volatility. As the Iran war continues to shake global energy markets, Indians are now feeling the impact directly at the fuel stations.

[00:56:58]Petrol and diesel retail prices have been hiked across the country for the first time in four years. State-run oil marketing companies revise fuel prices from Friday. Rising petrol and diesel rates by up to ₹3 per litre across metro cities. The report suggests the decision came after months of losses faced by public sector refineries. In Delhi, petrol prices were up by ₹3 to ₹97.77 per litre. Kolkata recorded the sharpest petrol prices with rates jumping by over ₹387.70.