Fuel prices hold steady amid global volatility. India's petrol and diesel rates remained stable on April 19 despite ongoing geopolitical tensions in West Asia. Delhi's petrol stayed at 94.77 rupees per liter while diesel held at 87.67 rupees. Most major cities saw minimal price movement as the government actively manages supply chains to control inflation. However, aviation fuel and commercial gas continue reflecting international oil price fluctuations. The Strait of Hormuz closure announcement by Iran's Revolutionary Guards raises concerns about global energy supplies, with the waterway handling twenty percent of worldwide oil and gas exports. India's defence ministry has warned the nation must remain prepared for potential West Asia escalation impacts on energy markets and supply chains.
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