On May 15, petrol and diesel prices in India were raised by ₹3 per litre, with petrol now priced at ₹97.77 and diesel at ₹90.67 in New Delhi. This increase is driven by rising global crude oil prices and concerns over energy security due to ongoing conflicts in West Asia. Prime Minister Narendra Modi has called on citizens to conserve fuel and reduce unnecessary consumption, which has sparked speculation about potential demand-management measures. India, which imports more than 85% of its crude oil, remains particularly vulnerable to fluctuations in global supply chains and oil prices. Although global benchmark Brent crude prices have surged, domestic fuel rates have remained relatively stable in recent weeks, thanks in part to state-run oil marketing companies absorbing some of the pricing pressure. The situation highlights the need for India to bolster its energy security strategy and reduce reliance on imported crude oil through initiatives like ethanol blending and electric mobility. As global energy markets remain volatile, consumers and businesses are increasingly concerned about the implications of rising fuel costs.