Sri Lanka: Petrol at all-time high of Rs 420, diesel Rs 400; Crisis worsens

Sri Lanka: Petrol at all-time high of Rs 420, diesel Rs 400; Crisis worsens

Crisis-hit Sri Lanka raised the petrol price by 24.3% and diesel by 38.4% on May 24th. This is a record hike in fuel prices amidst the country's worst economic crisis due to the shortage of foreign exchange reserves. With the 2nd fuel price hike since April 19 now the most-used Octane 92 Petrol-420 Rupees and Diesel-400 Rupees a litre.