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TRANSPORT FUEL PRICES
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...
India lifts curbs on retail sale of petrol, diesel to commercial buyers from July 1India has removed restrictions on commercial buyers purchasing petrol and diesel from retail outlets, effective July 1. These emergency mea...
India’s ethanol strategy: Automakers treading cautiously, consumers remain unconvinced and experts are waryWith the rollout of E85 fuel and policy changes to support mass flex-fuel deployment, the government is attempting something few large econ...
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 ...
Why are oil prices up today, and will Brent, US WTI crude futures continue to rise or fall again? Cargo ship attack near Oman lifts crude pricesWhy are oil prices up today, and will Brent, US WTI crude futures continue to rise or fall again? Oil prices gained more than 2% after a ca...
Oil falls to pre-war levels, no change in petrol and diesel prices in IndiaGlobal crude oil prices have fallen to their lowest levels since before the Iran conflict, with Brent slipping to around USD 72–73 per barr...
Reopening of Strait of Hormuz to lower tail risk, but supply normalisation to be costly: S&PS&P Global Ratings suggests reopening the Strait of Hormuz eases immediate risks for Asia Pacific, but expects uneven and costly supply nor...
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...
Trump gets trapped between 'rockets and feathers', squirms for exitUS President Donald Trump has ordered a Justice Department investigation into major oil companies, accusing them of keeping gasoline prices...
Trump orders probe because gas prices not falling enoughDonald Trump said on Wednesday he ordered an investigation into major oil companies over high gasoline prices as the US leader faces critic...
Global Market: BOJ policymakers push for faster rate hikes as inflation risks mountThe Bank of Japan is growing more concerned about persistent inflation, with some policymakers advocating faster interest rate hikes after ...
RBI flags rising fuel-price pressures amid West Asia war, says crude is easing as Hormuz fears recedeThe Reserve Bank of India has highlighted rising fuel prices and a dip in consumer confidence due to West Asian conflict, despite a recent ...
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...
Nestle, Uber among global business leaders to back faster electrification shiftOver 100 global companies, including Nestle and Uber, are urging governments to prioritize electrification in economic strategies. They arg...
Pakistan: Workers protest inflation, warn government of nationwide agitationProtesters in Lahore, including labour groups and transport workers, voiced anger over soaring inflation and utility costs, accusing the go...
IOCL Solarises commissioned 150 kW Rooftop Solar System at its Guwahati facilityFacing energy security challenges, Indian Oil Corporation Limited (IOCL) has installed a 150-kW rooftop solar system at its Guwahati facili...
Fuel prices in India won't fall immediately despite global crude slump, MoS Suresh Gopi reveals whyUnion Minister Suresh Gopi explained that immediate fuel price reductions aren't possible despite global crude cost drops due to transit ti...
Realtors eye margin relief as US-Iran peace deal raises hopes of lower fuel costsA potential peace deal between the US and Iran offers hope for India's real estate and construction sectors. Developers are watching oil pr...
Petrol, Diesel prices today (June 16, 2026): Fuel rates remain unchanged across major Indian citiesFuel prices held steady on June 16, 2026, providing relief after recent hikes. Global oil prices saw a rebound due to supply concerns and g...
Ethanol transition can shift to "Transport Energy Backbone" to shield India from oil shocks: KPMGIndia's ethanol use is evolving beyond simple blending. It is set to become a key transport energy source. This will help manage fluctuatin...