New Petrol, Diesel Prices Revealed: March 21 Rates in Major Cities Amid Gulf Crisis
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Fuel Prices Steady on March 21 Amid Gulf Crisis; Premium Petrol, Industrial Diesel Hike
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News18•21-03-2026, 08:18
Fuel Prices Steady on March 21 Amid Gulf Crisis; Premium Petrol, Industrial Diesel Hike
•Petrol and diesel prices in India remained unchanged on March 21, 2026, despite global oil market volatility.
•Oil marketing companies (OMCs) announced a hike of Rs 2-3 per litre in premium petrol prices due to crude oil shortage.
•Indian Oil also raised industrial diesel price by 25%, potentially leading to inflation due to increased input costs.
•Global crude prices are highly volatile due to ongoing Middle East conflict, raising concerns about oil shipment disruptions through the Strait of Hormuz.
•Despite global turbulence, Indian authorities signal steady retail petrol and diesel prices in the near term to aid consumers.
