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Petrol and diesel prices remained steady across major Indian cities on October 8, 2026. Hyderabad petrol is around ₹115.69/litre and diesel ₹103.82/litre, even as Brent crude climbed above $102 amid renewed Middle East supply concerns.
Brent crude remains above $100 as Iran says normal Strait of Hormuz passage will not resume until its conditions are met. A 100-million-barrel G7 emergency stock release and stronger Middle East exports are limiting further oil-price gains.
Brent crude has surged above $100 as US-Iran hostilities disrupt Middle East oil supplies, raising concerns over inflation, markets and India’s import costs.
Iran says it attacked 10 ships near the Strait of Hormuz after the US destroyed five Iranian oil tankers, sending Brent crude above $100 as global supply fears intensify.
