As of April 12, 2026, petrol and diesel prices in India remain steady despite ongoing global oil market volatility linked to geopolitical tensions in West Asia, particularly involving Iran, Israel, and the United States. The Indian government has indicated that it will maintain stable fuel prices to help control inflation, with oil marketing companies absorbing some of the market fluctuations to prevent sudden price increases for consumers. In major cities, petrol prices are as follows: ₹94.72 in New Delhi, ₹104.21 in Mumbai, and ₹100.75 in Chennai. Diesel prices also remained unchanged, with New Delhi at ₹87.62 and Mumbai at ₹92.15. However, premium petrol prices have seen a significant increase, with IndianOil's XP100 petrol rising by ₹11 to ₹160 per litre. This reflects the pressure on margins due to elevated crude oil prices. Consumers are encouraged to check fuel prices via SMS to stay informed.