Petrol, diesel prices hiked by Nayara Energy across India. Check city-wise rates here

Amid concerns of fuel shortage, people in many states across India are flocking petrol pumps to get their vehicles refuelled.

Nayara Energy, India's largest private fuel retailer, has increased petrol prices by ₹5.30 per litre and diesel has gone up by ₹3 per litre amid global disruption to energy supplies in view of the Iran-US war that has been going on for almost a month now. Track updates on Middle East war

People queue up at a petrol pump amid rumours of fuel shortage in the wake of the West Asian conflict, in Prayagraj, Uttar Pradesh, Thursday, March 26, 2026. (PTI)

In the backdrop of energy concerns triggered by the Iran-US war, petrol and diesel prices in India have been through a gradual uptick over the past few weeks as virtual shuttering of Strait of Hormuz and US and Iran launching attacks on energy facilities has disrupted the global supplies.

Nayara Energy, which operates 6,967 of India's 102,075 petrol pumps, has decided to pass on part of the increase in input costs to consumers, PTI quoted sources as saying.

Sources said while Nayara, majority-owned by Russia's Rosneft, hiked petrol price by ₹5 per litre and diesel by ₹3, the effective rate increase differs from state to state depending on the incidence on local taxes like VAT. In some places, the increase is as high as ₹5.30 per litre for petrol.

"Private fuel retailers in India receive no government compensation to offset losses from holding back price increases, unlike state-owned firms that are supported for acting as "good corporate citizens", sources said, adding that mounting losses have left them with little choice but to raise retail prices.

People queue up at a petrol pump amid rumours of fuel shortage in the wake of the West Asian conflict, in Guwahati, Assam, Thursday, March 26, 2026. (PTI)

Amid concerns of fuel shortage, people in many states across India are flocking petrol pumps to get their vehicles refuelled, while LPG crisis has also prompted long queues outside filling stations and depots.

In terms of petrol prices, one of the highest prices are being reported from Hyderabad where a litre cost ₹107.46 as on Thursday. In other cities such as Mumbai and Kolkata, the prices also hovered above ₹100 per litre mark. Hyderabad tops the list of tier 1 cities for diesel prices with ₹95.70 per litre.

Here are city-wise petrol prices:

City	Price (Rs) per litre
Hyderabad	107.46
Kolkata	105.41
Mumbai	103.54
Bangalore	102.92
Bhubaneswar	101.19
Chennai	100.80
Gurgaon	95.57
Noida	95.16
New Delhi	94.77
Chandigarh	94.30

Here are city-wise diesel prices:

City	Price (Rs) per litre
Hyderabad	95.70
Bhubaneswar	92.77
Chennai	92.39
Kolkata	92.02
Bangalore	90.99
Mumbai	90.03
Noida	88.31
Gurgaon	88.03
New Delhi	87.67
Chandigarh	82.45

(data from goodreturns.com)

Despite the government reassuring that the country is not facing a shortage of fuel, panic buying of petrol and diesel was reported from several parts of Assam, including the largest city Guwahati, on Wednesday amid reports of fuel shortage on social media.

Meanwhile, AIMIM chief Asaduddin Owaisi alleged that the government has been "caught off guard" in handling the "energy crisis" amid the ongoing conflict in West Asia as it failed to build adequate strategic petroleum reserves.

The Hyderabad MP said India is facing shortages of key fuels and fertilisers and warned that prices of petrol and diesel will rise after the upcoming Assembly elections.