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New Petrol and Diesel Prices Revealed: Major City Rates for March 11 Amid Supply Concerns
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Petrol, Diesel Prices Stable on March 11 Amid Global Oil Fears
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News18
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11-03-2026, 08:19
Petrol, Diesel Prices Stable on March 11 Amid Global Oil Fears
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Petrol and diesel prices in India remained unchanged on March 11, 2026, despite sharp global oil market volatility.
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Oil marketing companies are absorbing costs to maintain price stability and prevent sudden shocks for consumers.
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Global crude prices are highly volatile due to Middle East tensions involving Iran, Israel, and the United States.
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Concerns about disruptions in the Strait of Hormuz, a critical chokepoint, led Brent crude to surge above $115.
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Fuel prices vary across cities due to central and state taxes, exchange rates, refining costs, and demand-supply dynamics.
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