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The Latest Breaking News from Petrol

Australia needs thousands more kerbside EV chargers. Here’s how to roll them out fast and fairly

Electric vehicles (EVs) are no longer a niche technology. Australians are buying them in growing numbers as petrol prices bite and the federal government continues its tax exemption until 2029.

The Conversation

US Treasury rout tests tolerance for higher loan costs

There is anxiety over petrol prices as well as where the bond market is headed, as the US economy is jolted by the impact of conflict with Iran.

AAP

The kindness of strangers: I was a broke youth radio host who couldn’t afford a Beck ticket – then a listener called in

As a uni student my pay went towards petrol and books, with little left for fun. But I never expected anyone to buy me a ticket

The Guardian - AU

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Centre pushed country into economic crisis: Akhilesh Yadav

The former Uttar Pradesh chief minister also attacked the Centre over rising prices of petrol and diesel and asked who was accountable for the state of the economy after 12 years in power, according to a Samajwadi Party (SP) statement.

The Economic Times

'Purchase cheap oil, gas from Russia, Iran': Kejriwal expresses concern over fuel price hike

AAP national convenor Arvind Kejriwal on Sunday flagged long queues at petrol pumps in Gujarat and urged the Centre to purchase oil and gas from Russia and Iran at cheaper rates.

The Economic Times

Fuel austerity clouds demand outlook; India's annual product growth forecast cut 40%

India's fuel demand growth will slow significantly in late 2026. Government conservation efforts, rising oil prices, and a weaker rupee are impacting travel and consumption. Oil companies have increased petrol and diesel prices. Prime Minister Modi urged fuel saving. Analysts predict a substantial cut in India's refined products demand forecast…

The Economic Times

Retail fuel price hike 'inevitable' if global oil pressures persist: BPCL's Director HR

Bharat Petroleum Corporation Ltd. Director HR Bharat Petroleum Corporation Ltd. Raj Kumar Dubey said another fuel price hike may become unavoidable if global energy disruptions persist, as policymakers weigh three options — raising retail fuel prices, oil companies absorbing losses, or government support through deficit financing.

The Economic Times

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Petrol, Diesel Price Today May 24: Check fuel rates in Delhi, Noida, Lucknow, Faridabad, Bangalore, Gurgaon and other cities

Petrol Diesel Price Today May 24 check Delhi, Noida, Faribadad, Lucknow fuel rates: Fuel prices in India have surged again, with petrol nearing Rs 100 per litre in Delhi and diesel prices also climbing significantly. This marks the third recent increase in CNG rates, adding to public concern amidst geopolitical…

The Economic Times

Iran war is exposing South Africa’s dependency on diesel: what went wrong

It is forgivable to think that an oil shock mainly hurts at the petrol pump. After all, that is where households feel it first. But when my colleagues and I at the Bureau for Economic Research started digging through South Africa’s fuel data, a different story emerged – one that…

The Conversation

India sees minimal fuel price hike amid global surge triggered by West Asia crisis

India witnessed one of the world's smallest fuel price hikes, with petrol and diesel rising only around 5% despite global surges. This moderation, following a nearly 76-day price freeze, was achieved through excise duty cuts and absorbing crude oil cost increases. Many nations, including neighbors like Nepal and Sri Lanka,…

The Economic Times

Petrol, diesel prices in India rise for 3rd time: Public calls fuel rate hike a "big blow", demands regulation

Fuel prices, including petrol, diesel, and CNG, have seen multiple increases recently, significantly burdening middle-class families and daily commuters. Residents express frustration over rising costs and stagnant incomes, while taxi drivers face challenges with unrevised fares. These hikes are attributed to global energy market volatility and are expected to raise…

The Economic Times

IndianOil says no nationwide fuel shortage; supply issues at some outlets 'highly localised'

Indian Oil Corporation assures no nationwide petrol and diesel shortage, attributing reported outages to localised, temporary demand-supply mismatches. Factors include seasonal harvesting needs, customer shifts from higher-priced private pumps, and increased institutional purchases. The company maintains adequate stocks and is addressing isolated disruptions to ensure uninterrupted supplies.

The Economic Times

'Modi govt looting citizens, only cares about profits of oil companies': Congress laments fresh fuel price hike

Congress criticizes the Centre for recent petrol and diesel price hikes, accusing Prime Minister Modi of burdening citizens while favoring oil companies. Fuel prices have seen multiple increases in less than ten days, with global energy market volatility cited as a contributing factor.

The Economic Times

Fuel Price Today, May 23, 2026: What is the petrol, diesel & CNG price in Delhi, Mumbai, Kolkata & Chennai after latest hike?

Fuel prices in India have seen another hike, with petrol and diesel rates increasing by Rs 0.87 and Rs 0.91 per litre respectively. This marks the third fuel price increase in May, adding to consumer costs. State-run oil companies are facing losses due to selling fuel below market rates, while…

The Economic Times

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The Economic Times

Petrol, diesel prices hiked for third time in eight days on rising crude oil costs

Fuel prices in India have seen another increase, with petrol and diesel rates rising by approximately Rs 0.87 and Rs 0.91 per litre respectively in Delhi. This marks the third hike this month, driven by a surge in international crude oil prices due to Middle East conflict and the expiry…

The Independent UK

Rising fuel prices tip the scales toward electric vehicles

Meet the new EV owners who say the savings are already stacking up

The Guardian - UK

Biggest drop in petrol purchases in six years hits retail sales in Great Britain

Drivers conserve fuel amid Iran war uncertainty, pushing overall sales down 1.3% in April

The Economic Times

Honda City facelift 2026 vs Skoda Slavia vs Verna vs Virtus: Check price, mileage, engine, features, comparison

The updated Honda City enters a competitive midsize sedan market, challenging the Hyundai Verna, Skoda Slavia, and Volkswagen Virtus. While the City emphasizes hybrid efficiency and comfort, rivals offer lower entry prices, performance-oriented turbo petrols, and distinct driving dynamics, catering to diverse buyer priorities.

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The Economic Times

Bulk buyers shifting to retail pumps behind fuel demand spike in parts of India

Fuel demand is rising at some Indian petrol pumps. Bulk diesel buyers are switching to retail outlets due to a large price gap. This is causing temporary shortages at a few locations. The government states that fuel supplies remain ample and stable across the country. Citizens are urged not to…

AAP

FED:Petrol price hikes fuel record electric vehicle sales

The soaring price of petrol is sending more Australian drivers to electric cars and the trend could change the worldwide automotive market.

AAP

Petrol price hikes fuel record electric vehicle sales

The soaring price of petrol is sending more Australian drivers to electric cars and the trend could change the worldwide automotive market.

Newcastle Herald

Residents push back against beachside suburb petrol station

Residents say there are much better ways the land could be used to add to the community.

The Independent UK

Watch: Rachel Reeves hits back at ‘not very British’ heckler

Rachel Reeves hit back at a heckler, who appeared to be a Reform UK supporter, at a petrol station after he repeatedly shouted at her while she tried to answer questions from the media on Wednesday (20 May).

The Times of India

UK quietly eases Russian oil sanctions as petrol prices climb to highest since 2022 amid Iran conflict

Britain is recalibrating its approach to Russian oil imports by introducing restrictions on refined products at a measured pace. This strategy, driven by escalating energy market volatility linked to conflicts in the Middle East and climbing fuel prices, seeks to mitigate the risk of abrupt supply shortages.

The Times of India

TACO abroad, boss at home: Trump may be losing against China or Iran, but still controls MAGA

There’s a line to describe Trump’s foreign policy jaunts that’s particularly popular on social media: TACO which stands for Trump Always Chickens Out. And that might be true abroad whether it’s against Iran or China but back home, he remains the ultimate boss. Iran can resist him. Petrol prices can…

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