New Delhi, March 20 -- Petrol and diesel prices across several Indian cities have changed little on Friday, 20 March, continuing the recent trend of stability in retail fuel rates even as global oil markets see volatility.

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.

As of late, global energy markets have been rattled by rising geopolitical tensions in the Middle East, pushing Brent crude to near $108 a barrel this week. The conflict also led to a de facto halt in shipments through the Strait of H...