New Delhi, March 16 -- Petrol and diesel prices across several Indian cities largely remained unchanged on Monday, 16 March, continuing the recent trend of stability in retail fuel rates.

The steady pricing comes even as global oil markets have witnessed volatility in recent weeks, driven by geopolitical tensions linked to the ongoing conflict in the Middle East and concerns over potential supply disruptions.

The conflict involving the United States, Israel, and Iran has entered its third week with no clear sign of de-escalation. It began on 28 February, when coordinated US-Israeli strikes targeted Iran, prompting Tehran to retaliate with an attack across US military bases in the Middle East.

To keep domestic fuel prices aligned with i...