# Will Petrol and Diesel Get Costlier Again? Minister Suresh Gopi Spells Out What the Decision Hinges On

> Union Minister of State Suresh Gopi said any further change in petrol and diesel prices will depend on crude oil availability and the stability of its international supply, after fuel rates climbed by nearly ₹7.50 per litre in the past month.

**Type:** article · **Category:** Business · **Published:** 2026-06-14 · **Source:** TrendKia
**Canonical:** https://trendkia.com/en/business/indhana-ki-kimaton-para-sarakara-ka-bara-snketa-petrola-dijala-phira-mahnga-hoga-756 · **Language:** English
**Tags:** petrol diesel price, Suresh Gopi, fuel prices, crude oil, Petroleum Ministry, LPG price, Hardeep Singh Puri

For vehicle owners across the country, one question dominates the moment — will petrol and diesel turn dearer once more, or is some relief on the way after weeks of steadily rising fuel bills? The Centre has now made its position clear. Union Minister of State for Petroleum and Natural Gas Suresh Gopi said on Sunday that any revision in fuel prices in the coming days will rest entirely on how crude oil availability holds up and how steady its international supply remains.

## What the Minister Said
Speaking to the media in Kerala's Thrissur district, the minister assured that the Petroleum Ministry is watching every aspect of the situation closely. According to him, the government is studying in depth the swings in the global energy market and the conditions created by tensions in West Asia. Pressed repeatedly by reporters on whether prices could rise further, he said, “Let us first look at the crude oil supply situation. The concerned Cabinet Minister Hardeep Singh Puri is with us, and we will see as the situation unfolds.” In the same breath, he lightly asked journalists whether they expected him to play the role of some monitoring or supervisory ministry.

## West Asia Tension and the Crude Crunch
His remarks come at a time when ordinary consumers are already grappling with higher prices of petrol, diesel and cooking gas (LPG), all of which have shot up sharply over the past few weeks. The main reason being cited is the disruption in the supply chain of crude oil and natural gas in the international market. Ongoing geopolitical friction in West Asia has raised security risks along key maritime trade routes such as the Strait of Hormuz. For a heavily import-dependent country like India, the direct fallout is that buying crude is becoming costlier and more challenging by the day.

## Four Jolts in a Single Month
A look at the recent record shows that oil marketing companies have delivered four shocks to consumers within just one month. The sequence began on 15 May, when petrol and diesel were both raised by a steep ₹3 per litre at once. Given the market volatility, this was followed by another increase of 90 paise.

The pinch did not stop there. On 23 May, petrol went up by ₹0.87 and diesel by ₹0.91 per litre. Just two days later, on 25 May, companies carried out their last major review, pushing petrol up by ₹2.61 and diesel by ₹2.71 per litre. In this way, within a span of barely ten to fifteen days, both fuels have become dearer by close to ₹7.50. All eyes are now on how soon crude oil supply in the international market returns to normal.

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