New Delhi, March 21 -- Amid persistent volatility in global oil prices due to Middle East conflict, retail fuel rates in India remained unchanged on Saturday, March 21, extending the trend of stability that has been observed over the past few weeks.

The war involving the United States, Israel, and Iran is about to enter its fourth week. It began on 28 February, when coordinated US-Israeli strikes were launched at 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 crude to above $100 a barrel this week. As a result, India has begun a calibrated pass-through of the shock, selectively ...