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The Latest Breaking News from Petrol

Russia halts petrol sales in city as Ukraine strikes deepen fuel crisis

Ukrainian strikes on Russian energy infrastructure have triggered a severe fuel crisis, forcing curbs on sales and leading to price hikes. Cities like Novorossiysk have suspended gasoline sales to private motorists, while others see Cossacks deployed to manage queues and prevent conflict. Russia is now importing fuel and allowing lower-quality…

The Economic Times

Alpine reveals ‘world’s first true EV sports car’ at Goodwood Festival of Speed

The next generation of Alpine A110 will swap petrol for battery power, with its development car running up the famous Goodwood hill

The Independent UK

E20 causes ‘minor’ drop in vehicle mileage, Puri says, as India gears up for E100 fuel

The Petroleum Minister acknowledged a minor drop in fuel efficiency with E20 petrol but highlighted improved acceleration and engine performance as key benefits. Despite consumer concerns about mileage and older vehicles, the government is pushing ahead with ethanol blending. India is also exploring higher blends like E25 and E85.

The Economic Times

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Why petrol and diesel prices haven't fallen yet? Hardeep Singh Puri hints at rate cut after sustained low crude prices

Fuel prices might see a dip if international crude oil rates stay low for a few more weeks, according to Union Minister Hardeep Puri. Oil companies are currently using crude purchased at higher prices during the West Asia conflict, leading to past losses. However, sustained low global prices could pave…

The Economic Times

Rs 1 lakh crore on crude imports will be saved by 2030, as 35 lakh EVs will replace petrol vehicles: SBI Report

India is poised for a significant electric vehicle surge, with an estimated 35 lakh petrol vehicles to be replaced by EVs between 2027-2030. This shift could slash crude oil import bills by Rs 1 lakh crore if EVs capture 20% of the market by 2030. The West Asia conflict has…

The Economic Times

US economy added fewer jobs than expected in June as World Cup fails to boost hiring – as it happened

US non-farm payrolls only increased by 57,000 in June, but unemployment rate fell

The Guardian - UK

Russia's petrol crisis worsens as citizens feel the bite of Moscow's war in Ukraine

A third of Russia's refining capacity has been knocked out by Ukrainian drone attacks, causing petrol shortages across more than half of Russia's regions.

Euronews

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Petrol, diesel price today: Have state-run OMCs cut fuel prices after Nayara Energy's rate slash? Check latest rates

Nayara Energy, India's largest private fuel retailer, has slashed petrol prices by Rs 5 and diesel by Rs 3 per litre nationwide. This marks the first retail price cut in over two years, following a dip in global crude oil costs. While Nayara reversed its earlier March hike, state-run oil…

The Economic Times

Bangchak fuels North Asia push with B9bn Caltex petrol stations deal

One of Thailand's largest energy conglomerates has bought Caltex petrol stations in Hong Kong in a HK$2.1 billion (9 billion baht) deal, which the firm will use as a springboard into North Asia.

Bangkok Post

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

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

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AAP

'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.

The Economic Times

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

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…

International Business Times UK

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.

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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

International Business Times UK

'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.

TechRadar

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.

The Times of India

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 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

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