On May 20, 2023, petrol and diesel prices in India were increased by approximately 90 paise per litre, marking the second price rise in under a week. In New Delhi, petrol now costs ₹98.64 per litre, up from ₹97.77, while diesel has risen to ₹91.58 per litre from ₹90.67. This increase follows a ₹3 per litre hike on May 15, which was the first adjustment in fuel prices in more than four years. The recent hikes are attributed to a spike in global crude oil prices, driven by geopolitical tensions in the Middle East, particularly the conflict involving Iran. The situation has raised concerns over energy supply, prompting calls for fuel conservation. Prices vary across major cities, with Kolkata experiencing the highest petrol price at ₹109.70 per litre, while Mumbai's petrol is priced at ₹107.59 per litre. In Chennai, petrol costs ₹104.92, and diesel is at ₹96.54 per litre. The increases come as the ruling Bharatiya Janata Party (BJP) consolidates its power following recent state elections.