Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Economic Times
The Economic Times
National

Petrol, Diesel prices remain unchanged despite 4% drop in crude oil after Iran-US peace deal

Petrol Diesel Price Today, June 15, 2026: Even as global crude oil prices plunged sharply following reports of a breakthrough in Iran-US negotiations, fuel prices across India remained unchanged on Monday. State-run oil marketing companies (OMCs) have kept petrol and diesel rates steady since May 25, despite a significant correction in international oil markets.

The decline in crude oil prices came after US President Donald Trump announced that the Iran agreement had been finalized and that the strategically important Strait of Hormuz would reopen without restrictions. The development eased concerns over supply disruptions from the Middle East, triggering a sell-off in oil markets.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.