Top News

Petrol-Diesel Rates Today (August 26, 2026): Fuel prices at petrol pumps are also influenced by the dollar exchange rate, as India imports over 85% of its oil requirements from other countries.

Petrol-Diesel Rates Today (August 26, 2026): Indian oil companies have made no changes to petrol and diesel prices today, August 26, 2026; consequently, prices remain stable at yesterday's levels. However, crude oil prices in the international market fell by about 2% today.

Crude Oil Prices Today

Brent crude, the international benchmark, is trading at $86.60 per barrel today, down by about 2.23%. Meanwhile, WTI crude, the US benchmark, has also fallen by approximately 1.72% to $80.94 per barrel. Despite this, retail fuel prices remain unchanged.

When were prices last changed?

Petrol and diesel prices across the country have remained largely stable since May 25. At that time, state-owned Oil Marketing Companies (OMCs) had hiked petrol prices by ₹2.61 per liter and diesel prices by ₹2.71 per liter.

City-wise Petrol and Diesel Prices

US Takes a Hard Stance Against Iran

The conflict that began in February 2026 involving the US, Iran, and Israel has now escalated into a severe economic and strategic war. The US has launched 'Operation Economic Outcast' against Iran. This is being considered the most significant sanctions campaign to date. The US has also clearly stated that any country continuing trade relations or financial transactions with Iran will face serious economic consequences. The US wants to exert pressure specifically on China, which is the largest buyer of oil from Iran.