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The Latest Breaking News from Petrol

Diesel prices fall by record amounts as Iran crisis eases

The cost of oil, which is a major influence on fuel prices, fell below pre-crisis levels for the first time since the war started on February 28

The Independent UK

Delhi govt notifies EV policy, offers tax exemption for electric cars priced up to Rs 30 lakh

Delhi has unveiled its Electric Vehicles Policy 2026, aiming to boost EV adoption and improve air quality. Effective July 1, 2026, electric cars under Rs 30 lakh will enjoy full road tax and registration fee exemptions. The policy also mandates electric auto-rickshaw registrations from January 2027 and phases out petrol/CNG…

The Economic Times

Petrol, Diesel prices cut on July 1: Check latest fuel rates in Delhi, Mumbai, Chennai, Kolkata, Bengaluru and other cities

Nayara Energy has slashed petrol prices by Rs 5 and diesel by Rs 3 per litre, attributing the move to easing international crude oil costs. This follows a recent reduction in commercial LPG cylinder prices. While Nayara's over 7,000 stations now offer lower rates, public sector oil retailers, controlling over…

The Economic Times

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Nayara Energy cuts petrol price by Rs 5, diesel by Rs 3 amid softening oil prices

Nayara Energy has slashed petrol prices by Rs 5 and diesel by Rs 3 per litre nationwide, marking the first reduction in over two years. This move follows easing West Asian tensions and stabilizing global oil prices. While Nayara reverses its March price hike, state-owned retailers like IOC, BPCL, and…

The Economic Times

UK poll highlights fears about access to emergency contraception

Doctors say survey shows need for morning-after pill to be available at corner shops, petrol stations and supermarkets

The Guardian - UK

'Watching like a hawk': servos on notice as fuel rises

Winding back discounts to the fuel excise are hitting motorists in the hip pocket, with service stations and suppliers monitored for exorbitant price rises.

AAP

SC directs status quo on Karnataka HC order on ethanol allocation; Centre says 20% blending still an experiment

The Supreme Court has put a hold on a Karnataka High Court order that sought to increase ethanol allocation for 2025-26. An oil company argued this could disrupt the national policy for 20% ethanol blending in petrol. The top court issued a notice, questioning if enhancing one supplier's quota would…

The Economic Times

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India cuts windfall tax on diesel, raises petrol tax from July

India has adjusted its windfall taxes on fuel exports, slashing duties on diesel and aviation fuel while increasing the tax on petrol exports. These changes, effective July 1, reflect easing global oil prices and aim to secure domestic supply. Exemptions for exports to neighbouring countries have also been expanded. This…

The Economic Times

Putin Says Ukraine's Attacks Are Causing Fuel Shortages, But Insists Crisis Is 'Not Critical'

Putin admits Ukraine's attacks are causing fuel shortages across Russia for the first time, but insists the crisis is 'not critical' despite queues, rationing and disruptions.

International Business Times UK

8 things you need to know about the new BMW X5 and iX5

New electric BMW iX5 gets 525 miles of range, ultra-rapid charging… and hydrogen

'Big Problems Lie Ahead': Trump Orders Gas Stations to Slash Prices to $2.50 'Immediately'

Donald Trump has ordered US petrol stations to slash prices 'immediately' to around $2.50 a gallon, accusing retailers of overcharging despite a fall in oil prices.

International Business Times UK

Russia's Fuel Crisis Explained: Petrol Stations Erupt in Violence as Drivers Wait in Queues for 13 Hours

Ukrainian drone strikes on Russian oil refineries are causing severe fuel shortages, long queues, and economic strain in Russia. Explore the broader impact on Russia's domestic economy and daily life.

International Business Times UK

No, EVs haven't overtaken combustion cars in the UK — here's what the latest sales data actually shows

Battery EVs have overtaken petrol cars in UK sales for the first time, but the milestone doesn't mean electric vehicles have eclipsed all combustion-powered models just yet.

TechRadar

UAE announces petrol and diesel prices for July 2026; fuel rates cut after four months of hikes

UAE motorists can finally breathe easier as fuel prices for July 2026 see a significant drop, ending a four-month surge. This welcome relief follows a cooling in global oil markets, with diesel prices falling by nearly 17% and petrol by almost 14%. Drivers can expect substantial savings on full tanks,…

The Times of India

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The Independent UK

Trump pressures gas stations to slash their prices ‘immediately’

IN FULL

The Guardian - UK

Delhi plans to ban petrol rickshaws and scooters in effort to cut toxic fumes

Government hopes for 30% of city’s fleet to be electric by 2030, in move hailed as ‘gamechanger’ on air pollution

AAP

Fuel pinch arrives sooner for some as discount halved

Motorists feeling the cost crunch are encouraged to fill up tanks before the fuel excise discount is halved, with one cohort likely to feel its impact first.

International Business Times UK

Drivers Sue BP, Walmart and 7-Eleven Alleging Ai-Powered Fuel Pricing Secretly Inflated Petrol Prices Across the US

California drivers have sued fuel retailers, alleging AI-powered fuel pricing kept petrol prices artificially high in a proposed antitrust class action.

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news in one place.

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The Economic Times

Nearly 4 in 10 Delhi EVs are two-wheelers, data shows; experts back EV adoption

Delhi is accelerating its electric mobility drive, with two-wheelers now forming nearly 40% of registered electric vehicles. The city plans to ban new petrol and CNG two-wheeler registrations from April 2028, aiming to curb significant transport-related emissions. Experts emphasize the need for regional policy alignment to maximize pollution reduction benefits…

The Independent UK

EV driver without a driveway has ‘no regrets’ after first year of ownership

Lauren charges her Hyundai Kona Electric on the street once every couple of weeks and has ‘no regrets’

The Economic Times

India lifts curbs on retail sale of petrol, diesel to commercial buyers from July 1

India has removed restrictions on commercial buyers purchasing petrol and diesel from retail outlets, effective July 1. These emergency measures, implemented in June due to Middle East tensions and a price gap, aimed to ensure equitable supply and prevent hoarding. With global energy trade stabilizing, commercial users like transport operators…

International Business Times UK

Expert Warns Crude Could CRASH Despite Middle East Tensions — Here's Why Petrol Prices May Plunge

Analysts predict oil prices may stabilise as supply improves and demand remains steady, despite ongoing tensions in the Middle East.

The Guardian - UK

Nurseries, vets and shops: the sectors where private equity plays a big role

Private equity has a significant stake in many day-to-day services across the UK – including essentials such as elderly care and funerals

The Economic Times

Pakistan hikes petroleum levy on petrol, diesel; keeps retail prices unchanged

Pakistan's government has increased the petroleum levy on petrol and diesel, keeping retail prices steady despite falling international oil rates. Consumers will continue paying the same for petrol and diesel, while kerosene prices have been reduced. This move boosts government revenue as global oil prices hit pre-war lows following a…

The Guardian - UK

‘Fork in the road’: CEO of Amazon-backed Rivian on why carmakers need to invest in EVs

RJ Scaringe says firms focused on selling fossil fuel engines risk being ‘woefully behind’ on technology by end of decade

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