After LPG, is it now the turn of petrol and diesel? Government gave a big statement on the news of increase in prices

News India Live, Digital Desk: After the recent increase in the prices of LPG in the country, there was a fear among the general public whether the prices of petrol and diesel are also going to increase. The discussion had gained momentum in social media and political circles that oil companies may soon revise the rates of transportation fuel. However, government sources have put an end to all these speculations and clarified the situation.

Government’s big assurance: Petrol and diesel prices will not increase

Government sources clearly stated on Sunday, March 8, 2026 that There will be no increase in the prices of petrol and diesel in the country. According to sources, India’s energy stock position is continuously improving and the supply chain is now more stable than ever. The government assured that despite the ongoing global turmoil, the burden will not be passed on to domestic consumers.

Why was the fear of increase in prices raised?

Domestic LPG cylinder prices on March 7, 2026 ₹60 and in commercial cylinders ₹115 There was a huge increase. Along with this, there were reports of disruption in global oil supply due to tension in the Strait of Hormuz. On the basis of these circumstances, the opposition had alleged that the government is soon going to make petrol and diesel expensive. The government has described these allegations as completely ‘baseless’.

Strategic strength: Increased oil supply from other countries

India has made a major change in its strategy to ensure energy security. According to government information:

India has banned the import of crude oil through routes other than the Strait of Hormuz. 10% Has increased by.

The share of imports from alternative sources has now increased from 60% 70% It is done.

There is a continuous flow of oil and LPG from countries like Russia and America.

Clarified the difference between LPG and petrol

Officials clarified that the previous assurance was only to keep the prices of petrol and diesel stable and not for cooking gas. LPG prices have been increased due to the global energy crisis and demand-supply gap. However, in the case of petrol and diesel, the government has sufficient cushion available, due to which there will be no change in prices at present.