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FUEL CRISIS
Petrol, diesel sales surge in first half of JulyPetrol and diesel sales saw significant year-on-year increases in early July. Below-normal monsoon rains boosted demand from farmers and mo...- Kremlin says Russian economy's difficulties are not criticalThe Kremlin states Russian economic difficulties are not critical and remain stable. Corporate sentiment sharply deteriorated in July, reac...
- China's oil fortress will reshape the global orderChina shielded itself from the Iran war's energy shock by cutting crude imports and restricting fuel exports. This move demonstrated its ca...
- Asian refiners may be the surprise winners of fresh fuels crunchAsian refiners are well positioned to ship petroleum products globally. Renewed Middle East conflict and Russian diesel export bans are tig...
- Don’t become an alcoholic: India’s ethanol push risks solving one problem while creating anotherIndia's push for E20 fuel presents both benefits and drawbacks for vehicular efficiency. Ethanol offers cleaner burning properties but redu...
- Country heading towards economic crisis due to Modi govt's policies: CongressWholesale price inflation reached 9.87 percent in June, impacting the nation's economy. The Congress party attributes this rise to the gove...
- Wholesale inflation hits record 9.9% in June on fuel, food pricesIndia's wholesale inflation surged to a record 9.9 percent in June. Fuel and power prices rose significantly, contributing most to this inc...
- Retailwinds delayed, so, nothing to fretRetail inflation has risen above the RBI's target, driven by fuel and food prices. Core inflation remains subdued, offering a better measur...
- DG Shipping to monitor Indian seafarers irrespective of vessel flag: Sarbananda SonowalIndian seafarers in West Asia will now be monitored by the Directorate General of Shipping. A new dashboard will provide real-time informat...
- Govt defends ethanol blending, says programme saved Rs 1.9 lakh crore in forexThe government defends its ethanol-blended petrol program amid concerns. This initiative has significantly boosted the sugar economy and fa...
- Freight woes threaten fresh supply crunch in Manipur as transporters stay awayTransport operators are avoiding Manipur due to high costs and long travel times. Essential goods face shortages as highway conditions wors...
- Hormuz tensions make India-Germany energy ties vital: EnvoyGerman Ambassador Philipp Ackermann expressed concern over Strait of Hormuz attacks. He called for diplomacy and a quick return to the stat...
- Ukrainian drones batter Russian oil facilities and set more oil tankers ablazeUkrainian drones struck Russian oil facilities, igniting fires and causing fuel shortages across regions. Two oil tankers in the Sea of Azo...
- India’s wartime buying spree leaves behind a cooking gas surplusIndia's fuel retailers now have excess cooking gas supplies. They had booked extra cargoes anticipating supply disruptions in the Persian G...
- Cathay Pacific cuts fuel surcharges again as jet fuel prices easeCathay Pacific Airways will reduce fuel surcharges on most passenger flights starting July sixteenth. This marks the third reduction since ...
- Russia halts petrol sales in city as Ukraine strikes deepen fuel crisisUkrainian strikes on Russian energy infrastructure have triggered a severe fuel crisis, forcing curbs on sales and leading to price hikes. ...
- Russian fuel crisis prompts rush for Chinese electric carsRussian drivers are flocking to Chinese electric vehicles amid severe fuel shortages caused by escalating Ukrainian strikes on energy infra...
- Ukrainian drone attacks on oil refineries plunge Russia into a summer fuel crisisUkrainian drone strikes on Russian oil refineries are causing widespread fuel shortages and long queues at gas stations across Russia. This...
- Vladimir Putin reveals shocking truth: Russia is suffering fuel crisis due to Ukrainian drone strikes, filling stations are shut, no sales to private motoristsVladimir Putin acknowledged on Sunday at a meeting with government ministers and other officials that Ukrainian drone strikes had triggered...
- Russia may allow lower quality fuel production, imports as supply crisis bites: ReportRussia is reportedly considering a temporary rollback on fuel quality standards, allowing the production and import of lower-grade gasoline...
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