India has raised gasoline and diesel prices for the fourth time in 10 days following the Middle East war's impact on global energy supplies, while the government is rushing to address rising fuel costs and import expenses.
On 25 May 2026, India's state oil companies announced another nationwide fuel price hike, increasing prices by more than 2 rupees per liter, approximately 0.84 baht per liter. This marks the fourth increase within just 10 days. After the latest adjustment, gasoline in New Delhi rose to 102.12 rupees per liter (about 42.90 baht) from 99.5 rupees, while diesel increased to 95.20 rupees per liter (about 40 baht).
Reports indicate that since the Middle East war erupted in February, Indian automotive fuel prices have risen by about 5%, caused by disruptions to oil transport through the Strait of Hormuz after Iran imposed strict maritime controls in the area. India is the world's third-largest oil importer, typically bringing in about half of its crude oil through the Strait of Hormuz, making it directly affected by the regional crisis.
Hardeep Singh Puri, India's Minister of Petroleum and Natural Gas, revealed earlier this month that the country's oil companies are losing up to $120 million daily, approximately 4.4 billion baht. However, he affirmed that India can continue importing energy and maintain supply stability.
Earlier, Prime Minister Narendra Modi stated that fuel-saving measures are necessary to reduce foreign currency outflow for energy imports amid ongoing global oil price volatility. Additionally, transport and import data show India has increased crude oil imports from Russia to compensate for reduced Middle East supply after the U.S. temporarily eased some sanctions.