Brief by Shorts91 Newsdesk / 11:17am on 20 Mar 2026,Friday India
State‑run oil marketing companies have raised premium petrol prices in India by up to ₹2.35 per litre, effective March 20, 2026, amid global energy supply disruptions linked to Middle East tensions. The hike affects high‑octane variants like BPCL’s Speed, HPCL’s Power and IOCL’s XP95, while the price of regular petrol and diesel remains unchanged for now. Joint Secretary Sujata Sharma noted petrol and diesel prices are deregulated and set by companies. The move comes as international crude and gas markets react to geopolitical conflicts around the Strait of Hormuz, impacting global fuel costs. (PC: AFP)
