Diesel prices unchanged for 3rd straight day; petrol down 8 paise
New Delhi, June 15: Diesel prices in the country's four metro cities remained stable for the third straight day on Friday but petrol prices declined around eight paise.
In the national capital, diesel was sold at Rs 67.85 per litre on Friday, unchanged since Wednesday, June 13.
Similarly, in the other key cities of Kolkata, Mumbai and Chennai, the fuel was sold at Rs 70.40, Rs 72.24 and Rs 71.62 per litre respectively, all at unchanged levels.
This stagnation comes after diesel prices fell by just over Re 1 in the metros during May 30-June 12 period.
Petrol prices, however, dropped by around eight paise a litre across the metros on Friday, after remaining unchanged for two days.
In Delhi, Kolkata and Mumbai, the key transportation fuel was sold at Rs 76.35, Rs 79.02 and Rs 84.18 per litre, all prices down eight paise from Thursday's level. In Chennai, price fell by nine paise to Rs 79.24 per litre.
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Hormuz Strait disruptions have caused huge economic impact, energy instability in region: Navy chief
Mumbai (PTI): The Strait of Hormuz disruptions have caused severe economic impact and energy instability in the region, Indian Navy chief Admiral D K Tripathi said on Thursday amid the war in West Asia.
Speaking at an event where INS Sunayna, an offshore patrol vessel, set sail from Mumbai as Indian Ocean Ship (IOS) Sagar, the admiral said competition at sea has no longer remained confined to oil and energy.
It is now expanding towards resources that will shape future growth - such as rare earth elements, critical minerals, new fishing grounds and even data, he said.
The West Asia crisis began on February 28 after a joint attack by the US and Israel on Iran.
Iran's strikes on its neighbours along with its chokehold on the Strait of Hormuz have disrupted the world's energy supplies with effects far beyond West Asia.
"With the conflict in West Asia well into its fifth week, the disruptions in the Strait of Hormuz have caused severe economic impact and energy instability in the region," Tripathi said.
There is significant increase in the marine survey, deep-sea research activity, and Illegal Unreported and Unregulated Fishing (IUU), often encroaching upon the sovereign rights of littoral nations and exploiting gaps in monitoring and enforcement, he said.
Alongside these, threats such as piracy, armed robbery and narco-trafficking backed by unimpeded access of advanced technology to non-state actors, have also become more complex and challenging to counter, the Navy chief pointed out.
Last year alone, the Indian Ocean Region witnessed a staggering 3,700 maritime incidents of varying nature, the admiral said.
Additionally, narcotics seizures in the region exceeded USD 1 billion USD in 2025, highlighting the persistence and spread of such challenges in the region, he said.
