On April 22, petrol and diesel prices in India's domestic market remained stable, with only minor fluctuations in cities like Gurugram, Jaipur, and Bhubaneshwar. This stability is attributed to government interventions amidst the ongoing conflict in West Asia, which has significantly impacted global crude oil prices. Brent crude oil prices have nearly doubled since the start of the Iran conflict with the US and Israel on February 28, leading to increased costs for other fuels such as LPG and aviation turbine fuel (ATF). The International Energy Agency (IEA) has labeled the Middle East conflict as the worst energy crisis in history. Despite these global pressures, retail fuel prices in India have largely remained unchanged. Meanwhile, the Indian stock market reacted cautiously to the geopolitical situation, with the Nifty 50 index dropping by 0.5% and the BSE Sensex falling by around 480 points. Analysts are closely monitoring upcoming economic data from the Reserve Bank of India (RBI) and the UK's inflation figures for further market direction.