Petrol price hike

Vijayawada witnessed chaotic scenes as motorists rushed to fuel stations Sunday morning, fueled by rumors of impending diesel and petrol shortages. Long queues formed, leading to rationing and some outlets running dry by noon. Panic buying, driven by social media speculation about price hikes due to the West Asia conflict, exacerbated the situation, causing traffic snarls and frustration.

The ministry of petroleum and natural gas has firmly refuted claims of an impending petrol and diesel price hike, labeling such reports as 'fake news' designed to cause public alarm. Asserting India's unique fuel price stability over the past four years, the government highlighted its proactive measures to shield citizens from global energy market volatility and geopolitical impacts.

Pakistan's government reversed a significant Petrol price hike after widespread backlash, reducing the price by PKR 80 per litre to PKR 378. This move followed a 43% increase that sparked protests and criticism, with the government now implementing targeted subsidies and austerity measures to ease economic strain.

Usually, Pakistan goes populist and softens the blow. So, what forced it to let prices jump all at once?

UAE motorists will face significant fuel price increases in April 2026, with petrol and diesel rates set to rise by up to nearly Dh2 per litre. This sharp hike, approved by the UAE Fuel Price Committee, reflects escalating global crude oil prices driven by geopolitical tensions and supply disruptions.

Premium petrol prices have seen a hike of over Rs 2 per litre across state-run oil companies, while regular fuel and diesel rates remain steady. This adjustment comes amidst global energy market volatility fueled by the Middle East crisis, impacting India's significant oil import dependence and potentially widening the import bill.

Amidst Middle East conflict and soaring oil prices, Indian oil companies have increased premium petrol variants by over Rs 2 per litre. However, retail prices for regular petrol and diesel remain unchanged, while industrial diesel costs have surged by Rs 22 per litre due to global crude oil volatility.

Slamming the Congress at the Centre and the DMK in the state for the hike in petrol price, AIADMK general secretary J Jayalalithaa on Monday demanded an immediate rollback in the interests of the poor and the common people in the country.

Protest against Petrol price hike continued on Sunday when BJP activists came out on roads.

Traffic on arterial Nungambakkam High Road was severely affected for over an hour on Tuesday morning as members of the Democratic Youth Federation of India (DYFI) staged a protest against the Petrol price hike in front of Indian Oil Bhavan. They finally dispersed after the police resorted to a mild lathi-charge.

He said that while on one hand, there is talk of reforms, on the other hand protests are being made whenever any tough decision is taken.

Opposition members on Monday forced the Rajya Sabha to adjourn till 12 noon over the Petrol price hike issue.

Activists of different political parties protested against the steep hike in petrol prices for the second consecutive day on Monday.

BJP activists today blocked traffic in many parts of the capital as part of their protest against the "steepest" Petrol price hike.

After categorically ruling out any relief on Petrol price hike on Friday, chief minister D V Sadananda Gowda seemed to have softened his stand on Saturday.

The latest round of Petrol price hike has prompted commuters to dump their vehicles and switch to public transport. In the last four days, over 20,000 commuters have switched over to Bus Rapid Transit System (BRTS) and the Ahmedabad Municipal Transport service (AMTS).

In a dissenting voice from the government over the steepest ever Petrol price hike, defence minister A K Antony today said it was "not a correct step" and the oil companies should have shown some "propriety" before taking the decision.

Johar, a native of Vaduthala may sell his petrol car if the Petrol price hike happens again.

Thursday’s Bharat bandh call over the Petrol price hike has evoked mixed reactions from office-goers and businessmen , who are debating their response to a potentially ugly situation.

The people also held demonstrations at petrol pumps that had closed down early on Wednesday after claiming to be out of stock.

The nationwide bandh called by the NDA and Left parties to protest against hike in petrol prices on Thursday paralyzed normal life in Hubli.

Addressing his party workers in Chennai, Karunanidhi said, "DMK will not hesitate to walk out of UPA to protest anti-people policies."

The Petrol price hike by Rs 1.82, the fifth consecutive hike this year, evoked widespread resentment among people and political parties on Friday.

A wave of protests lashed the state after the decision of hike in petrol prices, once again in the last 30 days, became public. The city, which has the highest number of vehicles in the state, was disappointed with the Petrol price hike which follows the recent hike in onion and vegetable prices during the Magh Bihu. Guwahati: A wave of protests lashed the state after the decision of hike in petrol prices, once again...