On April 29, 2026, petrol and diesel prices in India's domestic market remained stable, with slight variations in Noida and Chennai. Opposition leader Rahul Gandhi criticized the Modi government, suggesting that fuel prices might rise following the elections, as they have remained unchanged for four years. He pointed to the government's previous profit-taking during periods of low oil prices and warned that consumers would soon bear the burden of inflation. Global oil prices have surged 50% in the last two months due to ongoing conflicts in West Asia, particularly affecting the Strait of Hormuz, a critical passage for oil exports. Despite these pressures, a senior official from the Ministry of Petroleum and Natural Gas, Sujata Sharma, confirmed that there are no current plans to raise fuel prices. Meanwhile, Brent crude oil prices rose to $111.78 per barrel, reflecting expectations of continued supply disruptions in the Middle East.