Petrol and diesel prices were increased again on Monday, May 25, 2026, marking the fourth fuel price hike in less than two weeks. Petrol has become costlier by Rs 2.61 per litre, while diesel has gone up by Rs 2.71 per litre. The new rates came into effect immediately across the country. According to current reports, Delhi’s petrol price has crossed Rs 100 per litre, while diesel prices in several major cities are now close to the Rs 100 mark. Reuters reported that India’s state-owned fue
Petrol and diesel prices were increased again on Monday, May 25, 2026, marking the fourth fuel price hike in less than two weeks. Petrol has become costlier by Rs 2.61 per litre, while diesel has gone up by Rs 2.71 per litre. The new rates came into effect immediately across the country. According to current reports, Delhi’s petrol price has crossed Rs 100 per litre, while diesel prices in several major cities are now close to the Rs 100 mark. Reuters reported that India’s state-owned fue
The United States has extended its sanctions waiver on Russian seaborne oil by 30 days, allowing continued imports to key global partners like India. This temporary extension reverses previous plans to let the waiver lapse, aiming to provide flexibility for nations managing critical energy needs. Treasury officials stated the extension ensures that stranded Russian crude and petroleum products can reach markets without violating US sanctions on major Russian oil firms. This marks th
The United States has extended its sanctions waiver on Russian seaborne oil by 30 days, allowing continued imports to key global partners like India. This temporary extension reverses previous plans to let the waiver lapse, aiming to provide flexibility for nations managing critical energy needs. Treasury officials stated the extension ensures that stranded Russian crude and petroleum products can reach markets without violating US sanctions on major Russian oil firms. This marks th
India may soon take a major step toward changing how vehicles are powered, with the government reportedly preparing draft rules for introducing E85 fuel. This new blend, made of up to 85% ethanol and 15% petrol, could significantly reduce the country’s dependence on imported crude oil and promote the use of domestically produced biofuel. The move comes at a time when global oil markets remain unstable due to geopolitical tensions, including conflicts affecting major oil-producing
India may soon take a major step toward changing how vehicles are powered, with the government reportedly preparing draft rules for introducing E85 fuel. This new blend, made of up to 85% ethanol and 15% petrol, could significantly reduce the country’s dependence on imported crude oil and promote the use of domestically produced biofuel. The move comes at a time when global oil markets remain unstable due to geopolitical tensions, including conflicts affecting major oil-producing