HPCL

New Delhi (Gurpreet Singh): Indian oil marketing companies (OMCs), including Indian Oil Corporation (IOCL) and Hindustan Petroleum Corporation Limited (HPCL), have implemented a significant price hike for premium petrol and industrial diesel effective Friday, March 20, 2026. Premium petrol variants have seen an increase of approximately ₹2 to ₹2.35 per litre, while the price of industrial diesel has surged by over ₹21 per litre. These revisions come as global energy markets face extreme volatility driven by escalating geopolitical tensions in West Asia and disruptions in the Strait of Hormuz. The hike specifically targets branded, high-performance fuel variants such as IOCL’s…