Petrol and diesel prices in India have seen significant increases, with petrol now costing ₹102.12 per litre in Delhi and diesel at ₹95.20. This marks the fourth price hike in just 11 days, driven by the ongoing Iran war which has disrupted global oil supplies, particularly through the Strait of Hormuz. The latest adjustments reflect increases of ₹2.61 for petrol and ₹2.71 for diesel. Major cities report varying prices, with Kolkata at ₹113.51, Mumbai at ₹111.21, and Chennai at ₹107.77 for petrol. The rising fuel costs are expected to exacerbate inflationary pressures on households, as logistics costs rise, impacting the prices of essential goods like milk and bread. Experts indicate that while these hikes may provide some relief to oil marketing companies (OMCs), which have faced daily losses exceeding ₹1,000 crore, the situation remains precarious. They suggest that further price adjustments may be necessary as the government navigates the balance between OMC sustainability and consumer affordability.