Petrol, diesel prices may rise as threat of US-Iran war intensifies

Petrol and diesel prices were hiked marginally for the fifth straight day onas crude oil prices jumped after the United States killed top Iranian general Qasem Soleimani. The global stock markets were mixed following tensions escalating in the Middle East after Soleimani's death.As per data by Indian Oil Corporation Ltd. the petrol price increased 9 paise per litre and that of diesel by 11 paise. After the price revision, petrol and diesel stood at Rs 75.45 per litre and Rs 68.40 per litre respectively.