On May 11, petrol prices in India remained high, with Mumbai's rate at ₹103.54 per litre, unchanged from the previous day. Over the past ten days, prices have fluctuated within a narrow range, reflecting ongoing geopolitical tensions in West Asia that threaten global energy supplies. Prime Minister Narendra Modi, speaking in Telangana, urged citizens to use petroleum products judiciously to conserve foreign exchange and mitigate the impact of international conflicts. He highlighted India's advancements in solar power and ethanol blending as part of the solution to the energy crisis. Meanwhile, state-owned oil marketing companies (OMCs) are facing severe financial strain, incurring losses of approximately ₹1,600-1,700 crore daily to shield consumers from the global energy shock. Cumulative losses have surpassed ₹1 lakh crore over the past ten weeks, raising concerns about the sustainability of this strategy. Despite a 50% increase in crude oil prices, petrol and diesel prices remain at rates established two years ago, at ₹94.77 and ₹87.67 per litre, respectively.