New Delhi, June 25 -- Petrol and diesel prices today: Fuel prices remained largely unchanged on Thursday, 25 June, across Indian cities even though Brent crude flipped into a bearish contango structure on for the first time since the war began. The decline in price of global benchmark can be attributed to easing geopolitical tensions in West Asia and the resumption of tanker flows through the Strait of Hormuz.

Brent crude dropped to its pre-conflict closing price below and settled at $72.48 a barrel. After rallying to a conflict peak of just above $120, international oil prices have cooled, including West Texas Intermediate and Dated Brent, Bloomberg reported. Positive sentiment flooded the market after the US and Iran signaled progress ...