Petrol, Diesel Prices Today: Check Fuel Rates in Delhi, Mumbai, Bengaluru, Kolkata on July 9

New Delhi: The effect of increasing tension between America and Iran is clearly visible on the global crude oil market. There has been a continuous rise in the prices of Brent crude in the international market. Despite this, there was no change in the retail prices of petrol and diesel across the country on Thursday, July 9.

Government oil companies last revised fuel prices on May 25. Since then, petrol and diesel have been sold at old prices in most of the cities.

Why are crude oil prices increasing?

Tension has further increased in West Asia after America carried out air strikes on Iran for the second consecutive day. Because of this, concerns about global energy supply have increased. The price of Brent crude crossed 79 dollars per barrel, whereas a day earlier it had registered a rise of more than 5 percent.

Experts believe that if the situation in the Strait of Hormuz worsens, crude oil prices may rise further.

Will petrol and diesel become expensive in India?

At present there is no change in the prices of petrol and diesel in the country. However, if crude oil prices remain high in the international market for a long time, it may impact fuel prices in the future.

What is the price of petrol and diesel in your city today?

Why did the debate start again regarding E20 petrol?

The debate regarding E20, i.e., 20 per cent ethanol-mixed petrol, has once again intensified. Aam Aadmi Party's national convenor Arvind Kejriwal has written a letter to many major automobile companies asking whether E20 fuel has any impact on the mileage and performance of vehicles.

He has sought a written reply from the vehicle companies and said that if the use of E20 causes harm to customers, then responsibility should be fixed.

What do experts say?

Energy market experts say that at present the biggest concern is regarding the Strait of Hormuz. A large part of the world's crude oil passes through this sea route. If tension increases here or supply is affected, oil prices may increase further in the international market. This may also affect oil importing countries like India.