The ongoing conflict in West Asia has led to fuel shortages across several South Asian countries, including India, Pakistan, Nepal, and Sri Lanka, triggering a sharp rise in petrol and diesel prices. While some countries have witnessed increases of up to ₹15 per litre, India has recorded a relatively moderate hike, reflecting partial insulation from global volatility.
Nayara Energy, India’s largest private fuel retailer, has announced an increase in fuel prices amid tightening supply conditions. The company has raised petrol prices by ₹5.30 per litre and diesel prices by ₹3 per litre, citing the impact of disruptions in global energy markets.
🚨Breaking News: Nayara Energy hikes petrol and diesel prices across India.
Price Hike Details:
Petrol: ↑ ₹5.30 per litre
Diesel: ↑ ₹3.00 per litre#nayara #petrol pic.twitter.com/qpP8l5JHtj— Bharat Live News (@BharatLive_24x7) March 26, 2026
With a widespread presence, Nayara Energy operates over 6,500 fuel stations across India, making it a major player in the country’s fuel distribution network. It also runs the Vadinar oil refinery in Gujarat, which has a capacity of 20 million tonnes per annum and is the second-largest single-site refinery in India.
The company has been expanding its footprint beyond fuel retail, entering the petrochemicals sector with a 450,000-tonne polypropylene plant last year. Formerly known as Essar Oil, Nayara Energy continues to strengthen its position in India’s energy landscape amid ongoing global uncertainties.