New Delhi, July 14 -- Petrol and diesel prices today: Fuel prices in India remained largely unchanged on Tuesday despite Brent crude price recovery. Since US and Iran signed a memorandum of understanding to end the war on 17 June, oil prices are now at their highest level. Renewed hostilities and escalating tensions in West Asia caused dynamic fluctuation in international oil prices but fuel prices remained stable in India as they are determined by state-run Oil Manufacturing Companies (OMCs).

On 14 July, oil prices surged 2%, rising to their highest in four weeks. This volatility in Brent price, the international benchmark, comes on the heels of tit-for-tat strikes between the adversaries which has heightened uncertainty about energy fl...