On April 27, 2026, petrol and diesel prices in India stayed stable despite ongoing volatility in global oil markets, primarily driven by geopolitical tensions in West Asia. The Indian government has indicated that it expects fuel prices to remain unchanged for the time being, with oil marketing companies absorbing some of the fluctuations to shield consumers from sudden price hikes. Fuel prices are revised daily at 6 AM based on international crude oil prices and foreign exchange rates, ensuring transparency and alignment with market conditions. As of this date, Brent crude oil prices rose to $100.57 per barrel, while US benchmark crude increased to $95.65. The situation is complicated by the ongoing conflict between the United States and Iran, which has led to disruptions in oil supply and heightened concerns over food insecurity in developing nations. Diplomatic efforts to resolve these tensions remain uncertain, with recent talks in Pakistan failing to yield positive outcomes.