India not exporting fuel directly to Russia, any supplies are trader-led: PuriIndia's Oil Minister, Hardeep Singh Puri, has stated that Indian companies are not directly supplying refined fuels to Russia. While report...
02 Jul, 2026, 08.02 PM IST
India refiner Nayara's gasoline sold to Russia via traders, sources sayIndian refiner Nayara Energy's gasoline is reportedly reaching Russia, which faces fuel shortages due to Ukrainian attacks. While Indian Oi...
02 Jul, 2026, 07.49 PM IST
Airlines shun Rs 10,000-crore ATF subsidy as fuel prices fallA Rs 10,000-crore jet fuel price stabilisation programme has failed to attract any airline sign-ups. The scheme, designed to shield carrier...
02 Jul, 2026, 07.39 PM IST
Jet fuel price cut by Rs 5/litre as global oil prices easeA significant drop in jet fuel prices, by nearly Rs 5 per litre, brings welcome relief to Indian airlines. This reduction, driven by fallin...
01 Jul, 2026, 10.04 AM IST
Automobiles biggest driver of India's export growth to Japan: ReportIndia's automotive exports to Japan have surged, becoming the primary growth engine and now representing 13% of shipments by FY26, up from ...
30 Jun, 2026, 11.45 PM IST
Anthropic's export restrictions are fueling Asia's AI boomThe US move has allowed Asian firms to establish themselves in a market dominated by a handful of US companies.
30 Jun, 2026, 01.57 PM IST
Asia's crude oil imports tick up in June but uncertainty reignsAsia's crude oil imports saw a slight June uptick but remain near decade lows, impacted by the Iran conflict disrupting Middle East shipmen...
30 Jun, 2026, 10.11 AM IST
From floods to war, state-run oil firms prove indispensable despite repeated privatisation bidsIndia's state-run oil companies have proven indispensable during national crises, from floods and pandemics to global conflicts. Despite pa...
28 Jun, 2026, 01.09 PM IST
Pakistan hikes petroleum levy on petrol, diesel; keeps retail prices unchangedPakistan's government has increased the petroleum levy on petrol and diesel, keeping retail prices steady despite falling international oil...
28 Jun, 2026, 09.42 AM IST
Hormuz oil shock echoes 1973 embargo lessonsThe recent Strait of Hormuz closure, though brief, signals a potential turning point for global energy. Echoing the 1973 oil embargo, this ...
26 Jun, 2026, 11.41 AM IST
Government may ask airlines to review additional prices if crude stabilisesAirlines might be asked to reduce surge charges and extra fares if aviation fuel prices remain stable for an extended period. The Civil Avi...
25 Jun, 2026, 04.17 PM IST
China's EV exports in May rise 50% on-year to reach record highChina’s exports of electric vehicles hit a record $9.2 billion in May, rising nearly 50% year-on-year, as global demand for cleaner transpo...
25 Jun, 2026, 12.28 AM IST
Air India: As Campbell Wilson readies for departure, N Chandrasekaran enters the cockpitChandrasekaran has called for closer coordination across the airline’s departments. Key divisions such as flight operations, commercial str...
24 Jun, 2026, 07.34 PM IST
Jet fuel crack spread may exceed $50 in 2026; airfares may climb up to 25%: ReportGeopolitical tensions and refinery issues are significantly impacting jet fuel supplies, leading to increased airline operational costs. Th...
24 Jun, 2026, 12.48 PM IST
Cathay Pacific to reduce flight fuel surcharges from July 1Cathay Pacific Airways is set to reduce its fuel surcharges for most passenger flights starting July 1, following a dip in jet fuel costs. ...
23 Jun, 2026, 03.39 PM IST
Airline ticket prices may stay high as carriers bank fuel relief from Iran dealA U.S.-Iran peace deal has lowered oil prices, promising billions in fuel savings for airlines. However, passengers may not see immediate f...
22 Jun, 2026, 12.34 PM IST
AirAsia X to keep lowering fares as jet fuel prices fallAirAsia X is slashing fares by 5% and reviewing prices weekly as jet fuel costs ease following a U.S.-Iran peace deal. The Malaysian budget...
22 Jun, 2026, 09.59 AM IST