Will US-Iran Deal Bring Relief To Hyderabad Fuel Prices?

Fuel prices in Hyderabad have increased by nearly Rs 8 per litre in the past month due to global tensions and supply disruptions linked to the Strait of Hormuz. Petrol now costs Rs 115.69 per litre and diesel Rs 103.82. Following the recent US-Iran agreement to end hostilities and reopen the key shipping route, consumers are hoping for a rollback in fuel prices.