New Delhi, March 18 -- Petrol and diesel prices across several Indian cities remained largely unchanged for the fourth day in a row on Wednesday, 18 March, continuing the recent trend of stability in retail fuel rates.

Steady pricing for petrol and diesel is holding in India, even as global oil markets see volatility, driven by geopolitical tensions in the Middle East, an effective halt to the trade through the Strait of Hormuz, and related concerns over 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 base...