Global benchmarks have reversed their post-ceasefire decline as geopolitical risk premiums were aggressively repriced following Donald Trump's announcement of an immediate U.S. naval blockade of the Strait of Hormuz. Despite the international surge, retail petrol and diesel prices in major Indian cities remain stable today, as Oil Marketing Companies (OMCs) are currently benchmarking rates against a previous 15-day average.

Fuel Prices Today (April 13, 2026)

City-wise Fuel Price Table (13 April 2026)

Prices for Petrol and Diesel are per litre; CNG is per kg; LPG is per 14.2kg domestic cylinder.

Industrial & Commercial Fuel Highlights

• Commercial LPG (19 kg): Rates remain significantly higher following the 1 April hike, priced at ₹2,078.50 in Delhi and ₹2,031.00 in Mumbai
• Aviation Fuel (ATF): Jet fuel for domestic carriers is currently approximately ₹1,04,927 per KL. Analysts expect a sharp upward revision in the next fortnight if global crude stays above $100
• Premium Petrol (XP100): Continues to retail at approximately ₹160 per litre in Delhi

Global Oil Market Today - April 13, 2026

Global benchmarks have reversed their post-ceasefire decline as geopolitical risk premiums were aggressively repriced following Donald Trump's announcement of an immediate U.S. naval blockade of the Strait of Hormuz.

Crude Oil (CLW00) Price Chart

• Open: $93.90 | High: $96.93 | Low: $93.58
• Previous Close: $89.58 | Volume: 11,967 | Open Interest: 290,618
• Daily Change: +7.72%

Key Market Drivers

Failed Peace Talks

• 21-hour marathon negotiations in Pakistan ended without a deal on Sunday morning after the U.S. delegation, led by Vice President JD Vance, cited Iran's refusal to abandon its nuclear weapons programme

Strait of Hormuz Blockade

• U.S. Central Command (CENTCOM) confirmed that a blockade of all maritime traffic entering or exiting Iranian ports will take effect today, Monday, 13 April, at 10:00 AM EDT (14:00 GMT)
• The Strait of Hormuz handles nearly 20% of global daily energy supplies; its potential full closure has revived fears of a prolonged supply shock and fresh inflation

Blockade Implementation

• The U.S. Central Command (CENTCOM) confirmed it would begin blockading ships entering or departing Iranian ports starting at 10:00 AM. New York time (approx. 7:30 PM IST) on Monday
• CENTCOM stated it would permit passage for non-Iranian traffic, but the threat of a wider closure has reignited fears of a severe supply shock

Stalemate Reasons

• Negotiations reportedly failed over Iran's refusal to abandon its nuclear weapons programme and dismantle major enrichment facilities

Market Outlook & Warning

Economic Impact

• Analysts warn that if the blockade leads to further escalation, prices could potentially soar toward $120-$130 per barrel, further straining global inflation and energy security for major importers like India

Domestic Outlook

• While retail rates are frozen today, the 8% jump in global crude and the impending U.S. naval blockade of the Strait of Hormuz have led analysts to predict a potential fuel price hike in India within the next 7-10 days to cover rising import costs

Aviation Fuel

• Analysts expect a sharp upward revision in ATF prices in the next fortnight if global crude stays above $100

What This Means for Consumers

• Regular Fuel: Petrol and diesel remain stable at state-run pumps for now, but analysts warn of potential hikes if crude stays above $100
• Commercial LPG: Restaurants and small businesses face ₹2,078.50 per 19kg cylinder in Delhi
• ATF: Expected sharp upward revision could impact airfares in the coming weeks
• Blockade Risk: The U.S. naval blockade of the Strait of Hormuz could lead to further crude spikes

Disclaimer: Fuel prices are subject to daily revision by oil marketing companies. All rates listed are indicative and may vary by outlet, location, and date. Please check with your local fuel station or the official IOCL/BPCL/HPCL apps for real-time pricing.