Petrol and diesel prices remained unchanged on September 4 even as escalating US-Iran tensions kept global crude prices elevated
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Prices had risen about 1% on Wednesday after the US and Iran exchanged military strikes, ending weeks of relative calm.
State-run oil marketing companies kept petrol and diesel prices unchanged on September 2 even as Brent crude moved closer to $97 a barrel amid Middle East tensions
Domestic petrol and diesel rates are also influenced by central and state taxes, refining margins, freight and distribution costs, as well as movements in the rupee against the US dollar.
