Mumbai: Maharashtra Chief Minister Devendra Fadnavis on Monday termed the rise in petrol and diesel prices a "global crisis" and appealed to people not to hoard fuel, saying it would put pressure on the supply chain.
Petrol prices were raised by Rs 2.61 a litre and diesel by Rs 2.71 on Monday, the fourth increase in less than two weeks that extended a delayed pass-through of soaring global crude oil costs triggered by the Iran conflict. The latest increase took cumulative hikes since May 15 to nearly Rs 7.5 per litre, with petrol prices crossing Rs 100 per litre across many cities.
