As of April 4, petrol and diesel prices across major Indian cities remain unchanged despite global oil market volatility due to the US-Iran conflict. The Indian government has reduced excise duties to stabilize prices, while oil marketing companies are absorbing losses of approximately ₹24 per litre for petrol and ₹104 per litre for diesel.

• 01Petrol prices in major cities range from ₹94.30 to ₹107.50 per litre.
• 02Diesel prices vary from ₹82.45 to ₹95.70 per litre across cities.
• 03Indian oil marketing companies are facing significant losses due to global crude price surges.
• 04The government has reduced excise duties to help stabilize fuel prices.
• 05Under-recoveries for OMCs stand at ₹24 per litre for petrol and ₹104 per litre for diesel.

The stability in fuel prices helps consumers avoid sudden increases in transportation costs, which could affect daily commuting and goods transportation.