New Delhi, June 21 -- Petrol and diesel prices today: Fuel prices stood stead on Sunday, 20 June even though brent crude edged higher to trade around $80 a barrel after renewed fighting in Lebanon. Prices tumbled about 8% this week following reopening on Strait of Hormuz but traffic through the waterway appeared to thin on Friday as Israel and Iran-backed Hezbollah militants clashed in Lebanon.

Even though the Strait of Hormuz is closed again, the price of petrol and diesel stood in line with the latest price revision that came about on 25 May. Last month, state-run oil marketing companies (OMCs) made retail adjustments to transfer some of the burden of volatile global oil prices to consumers. The retail refiners implemented a cumulative...