India raised prices of petrol and diesel by roughly Rs0.9 ($0.0093) a litre, ‌fuel retailers in Delhi said, for its second such hike in a week as the government seeks to ​recoup losses caused by higher global prices ​of crude oil.

The price of petrol rose ⁠to Rs 98.64 ($1.02) a litre from Rs97.77 ($1,01) ​while that of diesel went to Rs91.58 ($0.95) ​a litre from Rs90.67 ($0.94), dealers said.

Today’s increase followed India’s first rise in four years last Friday, when ​it raised petrol and diesel prices by Rs3 a litre.

The world’s third-biggest importer and consumer of oil is ‌one ⁠of the last major economies to raise retail fuel prices after disruptions to shipping through the Strait of Hormuz waterway by the war ​started by US-Israeli ​attacks on ⁠Iran.

Power has been restored to the Barakah nuclear power plant in UAE after it was hit by a drone, the International Atomic Energy Agency has said.

The UAE’s defence ministry said three drones entered the country from its western border.

While two were intercepted, the third drone struck an electrical generator “outside the inner perimeter,” causing a fire.

Authorities conformed that ‌safety ⁠levels were unaffected ⁠and no radioactive ‌material ​was released.

Oil prices fell more than 2 per cent in early ​Asian trade after US president Donald Trump said he had paused a planned attack ‌on Iran to allow for negotiations to end the war in the Middle East.

Brent futures for July delivery fell $3.01, or 2.7 per cent, to $109.09 a barrel, while US West Texas Intermediate crude for June delivery fell $1.38, or 1.3 per cent, ​to $107.28.The two benchmarks had hit their highest levels since 5 May and 30 April, respectively, ​in the previous session.

Donald Trump has said he has “put off” an attack on Iran for “a little while” in a post on Truth Social, as Gulf allies say peace deal is close.

It comes after he said he is holding off on a military strike on Iran planned for Tuesday because “serious negotiations” are underway.

He said in a post on Truth Social: “Well, other countries have come to me, and they’ve said we were getting ready to do a very major attack tomorrow. I’ve put it off for a little while, hopefully maybe forever, but possibly for a little while, because we’ve had very big discussions with Iran, and we’ll see what they amount to. I was asked by Saudi Arabia, Qatar, UAE, and some others.

“If we could put it off for two or three days, a short period of time, because they think that they are getting very close to making a deal, and if we can do that, where there’s no nuclear weapon going into the hands of Iran, I think, and if they’re satisfied, we will be probably satisfied also.”

“We’ve had periods of time where we had, we thought, pretty much getting close to making a deal, and didn’t work out. But this is a little bit different now. We’re already going tomorrow, very big, and not something I wanted to do, but we have no choice, because we cannot let Iran have a nuclear weapon.”

• US president Donald Trump said he is holding off on a military strike on Iran planned for Tuesday because “serious negotiations” are underway

• Trump said there was a very good chance the US could reach an agreement with Iran to prevent Tehran from obtaining a nuclear weapon, hours after saying he had postponed a planned military attack to allow negotiations to continue

• Khatam al-Anbiya, the top joint military command in Iran, warned that its armed forces are “ready to pull the trigger” in the event of any renewed US attack

• Brent crude oil prices fell more than 2 per cent to $109.41 a barrel on the back of Trump’s comments, while US ​crude was down 1.3 per cent to $107.25 per barrel