Iran's war costs are passed on to the common people, and India's fuel prices are really soaring.

CryptoWorld News reports that India’s state-owned fuel retailers have raised fuel prices for the fourth time in May, with diesel increasing by 2.71 rupees per liter and gasoline by 2.61 rupees per liter. This move aims to offset some of the losses caused by rising crude oil costs due to the Iran war. The state-owned fuel retailers, which control about 90% of India’s fuel market share, began raising retail fuel prices on May 15 after the conclusion of some key state elections. Since then, Indian Oil Corporation, Bharat Petroleum, and Hindustan Petroleum have collectively increased diesel prices by approximately 8.6% and gasoline prices by about 7.8%. Currently, the price of gasoline in New Delhi is 102.12 rupees per liter, and diesel is 95.20 rupees per liter.