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Congress president Mallikarjun Kharge connected Monday (May 25, 2026) lashed retired astatine the Modi authorities implicit the latest substance hike and asked who is benefitting from this "daily robbery".
Petrol and diesel prices were raised by ₹2.61-2.71 per litre connected Monday (May 25, 2026), marking the 4th summation successful little than 2 weeks arsenic state-owned substance retailers continued to walk connected rising planetary lipid prices to consumers.
In a station connected X, Mr. Kharge said, "The Daily Assault of FUEL LOOT is not implicit yet! 4th hike successful 10 days!! Petrol ₹7.35/litre, diesel ₹7.53/litre. The Modi authorities has sprinkled petrol to pain the savings of communal people."
He pointed retired that betwixt 2004 and 2014, during the UPA, planetary crude lipid prices accrued by 175.34%, portion during the Modi Government, not adjacent a azygous cent of planetary crude lipid prices person increased.
"Despite that, the Modi authorities has hiked the petrol prices from ₹71.41 per litre successful 2014 to ₹102.12 per litre successful 2026, a emergence of 43.01%, and diesel prices from ₹56.71 per litre to ₹95.20 per litre, an summation of 67.87%," helium said.
The Modi Government has looted ₹43 lakh crore successful the past 12 years, making it a loot of ₹1,000 everyday, helium said.
"With the 4th clip emergence successful Petrol and Diesel prices, contiguous the shares of HPCL, BPCL and IOC roseate by 5.8%, 4.44% and 3.90% respectively. Profit implicit People is BJP's DNA!" Mr. Kharge said.
"Every substance terms hike is different stroke to household budgets, and has a cascading effect connected each facet of the economy. From Farmers to MSMEs, each strata of the nine bears the brunt of BJP's LOOT," the Congress main alleged.
"We repeat. Who is benefitting from this DAILY ROBBERY?" Mr. Kharge said successful his post.
With the latest revision, cumulative increases successful petrol and diesel prices person astir touched ₹7.5 per litre since substance terms revisions resumed connected May 15 aft a prolonged freeze, stoking concerns implicit inflationary pressures and higher proscription costs crossed the economy.
The latest revision pushed petrol prices higher by ₹2.61 per litre and diesel by ₹2.71, according to manufacture sources.
Petrol prices were raised to ₹102.12 a litre successful Delhi from ₹99.51 previously, portion diesel rates were accrued to ₹95.20 per litre from ₹92.49.
The back-to-back increases travel a prolonged frost successful retail substance prices and travel amid elevated crude lipid prices successful the planetary market, tightening refining margins, and a weaker rupee, which person sharply raised the outgo of imports.
Petrol and diesel prices were accrued connected May 15 by ₹3 per litre each, and connected May 19 by 90 paise a litre. This was followed by an 87-paise per litre summation successful petrol and a 91-paise hike successful diesel rates connected May 23.
After Monday's (May 25, 2026) increase, petrol astatine PSU pumps successful Mumbai present costs ₹111.21 per litre and diesel ₹97.83, portion prices successful Kolkata roseate to ₹113.51 and ₹99.82, respectively. In Chennai, petrol is priced astatine ₹107.77 and diesel astatine ₹99.55.
Prices alteration crossed States owed to section taxes.
State-owned Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) unneurotic power 90 per cent of India's substance market.
The back-to-back increases travel aft planetary crude lipid prices surged much than 50% since precocious February pursuing U.S.-Israeli strikes connected Iran and disruptions to shipments done the Strait of Hormuz, a captious planetary lipid transit route.
Fuel retailers had successful the archetypal two-and-half-months of the struggle kept pump prices debased contempt rising input costs, a determination the authorities said was aimed astatine shielding consumers from inflation. Opposition parties, however, accused the authorities of delaying terms revisions until aft cardinal authorities elections.
The May 15 summation came aft the ruling Bharatiya Janata Party (BJP) expanded its electoral footprint by winning 3 of 5 State and UT elections, including West Bengal.
