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GASOLINE RATIONING
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...- Collapse is near: Trump's window to resolve Iran crisis closing fastWest Asia tensions are escalating, impacting global markets. Iranian attacks and US strikes near the Strait of Hormuz are disrupting oil su...
- Governments worldwide shield households from rising energy costsNations globally are taking action to protect citizens from rising energy prices. Countries are introducing subsidies, tax cuts and fuel co...
- Trump says Iran war is worth the economic pain; these rural voters agreeResidents in Wiggins, Colorado, face rising fuel and grocery costs. Despite economic pressures, many staunchly support President Trump. The...
- From India to China, a look at what governments worldwide are doing to shield households from rising energy costsGovernments globally are implementing diverse strategies to mitigate soaring energy costs stemming from the U.S.-Israeli war on Iran. Measu...
- India’s fuel resilience amid global oil turmoilThe article describes India’s economy as “resilient” amid the West Asia crisis, highlighting the country’s ability to maintain stable fuel ...
- US 'suffocating' Iran with blockade, says Treasury Secretary Scott BessentTreasury Secretary Scott Bessent said Sunday that the United States was "suffocating" Iran's leadership through an "economic blockade" laun...
- Pentagon claims US blockade has cost Iran $4.8 bn: ReportA US blockade in the Gulf of Oman and surrounding maritime routes has reportedly cost Iran nearly $4.8 billion in oil revenue, according to...
- Indian truckers fret as looming diesel hikes spur panic-buyingSoutheast India is experiencing significant fuel challenges, with motorists waiting in long lines as petrol and diesel become increasingly ...
- How Asia-Pacific is fighting a fuel shock that could get worseAsian nations are grappling with prolonged energy supply strains due to the Middle East conflict, prompting governments to implement costly...
- Iran war may crush oil demand today, but send it soaring long termThe Iran war has caused a significant drop in global oil demand, with consumption plummeting due to supply disruptions and record-high fuel...
- Oil prices surge from Iran conflict boosts global biofuel demandGlobal oil prices are surging due to a war in the Middle East. This is increasing demand for biofuels made from crops. Countries in Asia ar...
- India’s truckers brace for first diesel price hike in four yearsIn the backdrop of impending elections, truck fleet operators across India are seeing storm clouds on the horizon with expected fuel ration...
- Lessons learned in 70s have made US, world economies less vulnerable to oil shocksThe world economy is experiencing a significant oil price surge reminiscent of the 1970s. However, countries are now better prepared. Decad...
- Reliance caps fuel sales at $11 per pump amid growing shortagesWest Asia War: Reliance Industries is limiting fuel purchases at its retail stations. Customers can buy only about $11 worth of gasoline or...
- Iran raises gasoline prices for the first time since deadly 2019 protestsIran has introduced a new, higher price for its subsidized gasoline. This move aims to control rising costs due to a weakening currency and...
- Iran says cyberattack behind widespread disruption at gas stations"The disruption at the refuelling system of gas stations... in the past few hours, was caused by a cyberattack," state broadcaster IRIB sai...
- High risks and de minimis rewards confront investorsStarting with Venezuela, holding and trading these bonds pose more risk than just a credit decision.
- Malaysia may sell limited amount of subsidized fuel from 2009Malaysia, which recently raised fuel prices, is considering a ration system to sell a limited amount of gasoline and diesel at subsidized r...
- Consumers panic as fuel rationing continuesPetro retailers go slow on unbranded products as govt fails to take stance on fuel price hike.
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