On May 15, 2026, the Indian government implemented a ₹3 per litre increase in diesel prices, affecting major cities across the country. In Delhi, diesel prices surged from ₹87.67 to ₹90.67 per litre. Kolkata and Mumbai experienced similar hikes of ₹3.11, bringing prices to ₹95.13 and ₹93.14 per litre, respectively. Chennai saw a slightly lower increase of ₹2.86, with prices reaching ₹95.25 per litre. The rise in fuel rates is attributed to escalating global crude oil prices, exacerbated by ongoing conflicts in the Middle East and disruptions in the Strait of Hormuz. Prime Minister Narendra Modi has encouraged citizens to adopt measures to curb fuel consumption, such as working from home and utilizing electric vehicles. This price hike is expected to significantly impact transportation costs and inflation, affecting household budgets nationwide.