Oil prices surged past $100 per barrel as the Iran conflict disrupted shipments through the Strait of Hormuz, triggering market turmoil, production cuts and fears of a prolonged global energy shock and economic fallout.
The price of diesel in Delhi remains at Rs 89.36 per litre, while in Mumbai, Chennai and Kolkata it is priced at Rs 96.91, Rs 93.91 and Rs 92.27 per litre, respectively.
Accordingly, oil marketing companies raised the pump price of diesel by year high level of 36 paise per litre and petrol by another 30 paise per litre in Delhi.