Petrol and diesel prices rose for the fourth straight day in India on Sunday after the US killed an Iranian military commander, fanning fresh fears of conflict in the crude-rich Middle East.
Retail pump price of petrol was hiked by 9 paise per litre and that of diesel by 11 paise, according to a notification by state-owned fuel retailers.
Petrol in Delhi now costs Rs 75.54 per litre--the highest in more than a year--and a litre of diesel comes for Rs 68.51. While global stock markets were mixed following the killing of Major General Qassem Soleimani, oil prices jumped more than 3