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Petrol Diesel Price Hike Sparks Massive Concern as Fuel Costs Climb for Third Time
New Delhi, May 23: In a fresh blow to consumers, oil marketing companies (OMCs) have increased petrol and diesel prices across India for the third time this month, further escalating transportation and household expenses. The revised rates came into effect from 6:00 AM on Saturday, May 23, 2026.
Under the latest revision, petrol prices have been increased by 87 paise per litre, while diesel prices have risen by 91 paise per litre on average across the country. The hike follows two earlier fuel price increases this month, pushing cumulative fuel costs up by nearly ₹5 per litre within just over a week.
You can update the Latest Petrol and Diesel Prices in Major Cities table by adding Agartala as follows:
| City | Petrol (₹/Litre) | Diesel (₹/Litre) |
|---|---|---|
| Delhi | 99.51 | 92.49 |
| Kolkata | 110.64 | 97.02 |
| Mumbai | 108.49 | 95.02 |
| Chennai | 105.31 | 96.98 |
| Hyderabad | 112.84 | 100.94 |
| Agartala | 102.29 | 90.60 |
The latest available fuel price trackers show petrol in Agartala at approximately ₹102.29 per liter after the latest hike, while diesel is around ₹90.60 per liter.
For your news article, you can also add this sentence:
In Agartala, petrol prices have climbed to ₹102.29 per liter, while diesel is now selling at ₹90.60 per liter, adding to the financial burden on commuters and transport operators across Tripura.
This addition will make the article more relevant for readers in Northeast India, especially Tripura.
Among the major metro cities, Hyderabad and Kolkata remain among the most expensive markets for fuel, with petrol prices well above the ₹110-per-litre mark.
Industry experts warn that the continued rise in fuel prices could trigger a fresh wave of inflation. Higher transportation costs are likely to increase the prices of vegetables, groceries, essential commodities and passenger travel in the coming weeks. Auto-rickshaw drivers, cab operators and small business owners have already expressed concern over shrinking earnings due to rising fuel expenses.
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According to oil companies, the latest increase has been driven by rising international crude oil prices, geopolitical tensions in West Asia, currency fluctuations and higher import costs. India imports more than 85% of its crude oil requirements, making domestic fuel prices highly sensitive to global market developments.
Market analysts believe fuel prices may continue to fluctuate in the coming days depending on global crude oil trends and developments in the international energy market. Consumers are therefore advised to keep track of daily fuel rate revisions.
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