Iran conflict: Petrol, diesel prices increased in India? Check rates in major cities

New Delhi: Retail fuel prices across India’s major metropolitan cities see no major changes on Friday, March 6, 2026, even as global energy markets remain volatile. The marginal reduction in petrol and diesel rates comes amid fluctuating international crude oil prices and ongoing geopolitical tensions in the Middle East.

Regional Breakdown: Current Retail Rates

Meanwhile, the Domestic LPG (14.2 kg) price in India (Mumbai) stands at ₹852.50. No change recorded in the LPG price compared to last month. The LPG price has remained unchanged at ₹852.50 for the past 12 months.

Also read | Buying gold or silver? See March 5 rates across major cities before you buy

US issues 30-day waiver allowing Indian refiners to purchase Russian oil amid Iran war

In a related development, the US said it is issuing a temporary 30-day waiver to allow Indian refiners to purchase Russian oil.

"President Trump's energy agenda has resulted in oil and gas production reaching the highest levels ever recorded. To enable oil to keep flowing into the global market, the Treasury Department is issuing a temporary 30-day waiver to allow Indian refiners to purchase Russian oil," Treasury Secretary Scott Bessent said on Thursday.

He said this "deliberately short-term measure" will not provide significant financial benefit to the Russian government, as it only authorises transactions involving oil already stranded at sea.

"India is an essential partner of the United States, and we fully anticipate that New Delhi will ramp up purchases of U.S. oil. This stop-gap measure will alleviate pressure caused by Iran's attempt to take global energy hostage," Bessent said in a post on X.