Crude oil prices fell due to the end of America-Iran war, there was no change in the prices of petrol and diesel in India.
Crude Oil Price: The ongoing war between America, Israel and Iran now seems to be ending. Because of which the whole world has heaved a sigh of relief. In fact, after about 107 days of the war that started on February 28, 2026, both the countries have agreed to a peace agreement to end the enmity. After this announcement, there is a decline of more than 4 percent in the prices of crude oil in the international market. After the end of the conflict and the arrival of a peace agreement, the fear of interruption in oil supply seems to be ending. Due to which a big reduction in prices is being seen in the international oil market.
After this peace agreement came to light, a question is being raised in the minds of the general public in India whether it will affect the prices of petrol and diesel in India too. However, the answer will be available only in the coming days.
Fall in crude oil prices
Today i.e. on Monday (June 15, 2026), a huge fall in the prices of crude oil was seen during Asian trading. The price of West Texas Intermediate (WTI) crude fell 4.39 percent to $ 81.15 per barrel. Brent crude futures fell nearly 4 percent and fell below $84, which was earlier above $87 per barrel. This decline occurred at the same time when it was announced that the US and Iran had reached an agreement to end the confrontation and stop military action on all fronts.
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What did Trump say?
US President Donald Trump also confirmed this agreement through his social media platform Truth Social on Sunday. In which Trump said that the agreement with the Islamic Republic of Iran is now complete. Greetings to all. In addition, Trump further announced that the Strait of Hormuz, one of the world’s most important oil routes, will be reopened and the US Navy blockade will be lifted.
There is no change in the prices of petrol and diesel in India
However, the impact of the fall in crude oil prices on Monday morning has not been seen in India. Government oil companies in India have not made any change in the prices of petrol and diesel today i.e. Monday (June 15, 2026).
Also read – Iran US peace agreement: ‘Will not kneel before America’, Iranian women took to the streets in black sheets; Foreign Minister was called an infiltrator
Price of petrol and diesel in major cities of the country
- The price of petrol in Delhi is ₹ 102.12 per liter and the price of diesel is ₹ 95.20 per liter.
- In Mumbai, petrol is available at ₹ 111.21 per liter and diesel at ₹ 97.83 per liter.
- In Kolkata, petrol is being sold at ₹ 113.51 per liter and diesel at ₹ 99.02 per liter.
- The price of petrol in Chennai remains at ₹107.77 per liter and the price of diesel at ₹99.55 per liter.
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