India hikes fuel prices as Iran crisis bites | US-Israel war on Iran News
India has increased fuel prices by 3 percent to offset losses caused by the energy crisis driven by the Iran war and closure of the Strait of Hormuz. Prime Minister Narendra Modi urged citizens to adopt austerity measures, including working from home and reducing travel, as a way to save fuel. The government also announced mandatory work-from-home days for certain government employees in New Delhi, aiming to reduce official fuel use. India has signed agreements with the UAE on oil and gas and strategic defense cooperation to address supply issues.
26 MAY 2026
— The Hindu
India is implementing a multi-pronged strategy to mitigate the impact of global energy market disruptions on its consumers.
— The Hindu
Farmers across multiple Indian states are experiencing fuel shortages due to price hikes implemented by the Centre to mitigate losses for oil marketing companies.
31 MAY 2026
— Livemint
India's reliance on Gulf region imports for crude oil, natural gas, and LPG was disrupted due to the US-Iran conflict, leading to concerns about supply disruptions.
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