Trump’s warning and seizure of Iranian ship, will petrol and diesel prices increase in India? Know the condition of crude

News India Live, Digital Desk: A big news has come to light amidst the ongoing tension in West Asia. US President Donald Trump’s statement has created a stir in the international market, in which he said that the US Navy has seized an Iranian-flagged cargo ship. After this incident, uncertainty has increased in the global oil market and volatility is being seen in the prices of crude oil. What is the whole matter? The US President announced that the Iranian ship has been seized for violating security protocols and sanctions. Strait of Hormuz: In response, Iran has once again threatened to close the Strait of Hormuz. This is the world’s most important ‘oil corridor’, through which about 20% of the world’s crude oil passes. Situation of tension: The conflict between Iran and America/Israel has been going on for the last few weeks, due to which there is a danger of disrupting the oil supply chain. Impact on crude oil prices (Crude Oil Trends) After this step of Trump, the prices of Brent Crude had increased, but according to the latest report, there is a slight decline in it. Price: On Monday, Brent crude jumped 5% to reach $96 per barrel, but today (April 21, 2026) it has decreased by about 1-2% and is trading around $94-$95. Reason: Experts believe that although there is a supply threat, the news of possible talks between America and Iran has stabilized the market a bit. Petrol-Diesel Prices in India (Current Fuel Prices in India)Despite global tensions, Indian oil companies (OMCs) have not made any change in the prices of petrol and diesel today i.e. on 21 April 2026. CitiesPetrol (per litre)Diesel (per Litre)Delhi₹94.77₹87.67Mumbai₹103.54₹90.03Kolkata₹105.45₹92.02Chennai₹100.84₹92.39Lucknow₹95.34₹88.50Will prices increase in future?According to experts, the situation could be challenging for India:Marketing loss: If crude oil crosses $100 If so, the losses of Indian oil companies may increase. According to the report, due to increase in oil prices, companies may have to bear losses of about ₹ 18 per liter on petrol and up to ₹ 35 per liter on diesel. LPG Price: Already on April 1, there has been a huge increase in the price of commercial LPG by about ₹ 195. If crude oil prices remain high, domestic fuel prices may also come under pressure in future.