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The Latest Breaking News from Petrol

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.

AAP

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.

International Business Times UK

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 Economic Times

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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 Independent UK

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…

The Economic Times

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.

International Business Times 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 Guardian - UK

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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 Economic Times

‘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

The Guardian - UK

Former world champion boxer Joe Cordina charged with assault after Cardiff petrol station incident

Cordina is a former two-time super-featherweight world champion

The Independent UK

Oil falls to pre-war levels, no change in petrol and diesel prices in India

Global crude oil prices have fallen to their lowest levels since before the Iran conflict, with Brent slipping to around USD 72–73 per barrel and US crude below USD 70, effectively reversing the earlier geopolitical risk premium. Despite the global correction, petrol and diesel prices in India have not yet…

The Economic Times

Fuel price warning as hopes dashed of cheaper petrol despite oil costs tumbling

UK drivers told there is ‘some way to go’ before fuel prices align with oil costs returning to pre-Iran war levels

The Independent UK

There is ‘some way to go’ before fuel prices return to pre-Iran oil crisis level

The AA said the average cost of a litre of petrol and diesel at UK forecourts is 152.9p and 170.5p respectively.

Evening Standard

When will petrol prices fall after oil drops to lowest amount in months?

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The Independent UK

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The Independent UK

Oil prices fall below pre-Iran war levels as fears grow of global crude oversupply

Oil falls should feed through to petrol prices in days

The Economic Times

'May affect your warranty': Ford India allegedly warns ethanol petrol can damage engines and reduce mileage

Ford India customer care has warned that using fuel with a higher ethanol blend, such as E20, may damage the engine or emission system and may also affect the validity of the vehicle’s warranty. The response has renewed concern among owners of older EcoSport models, especially those not originally built…

The Economic Times

2026 Maruti Brezza Facelift launch: Check expected price, launch timeline, new engine and key details you need to know

Maruti Suzuki's popular Brezza is set for a significant facelift, slated for a July 2026 launch. Expect a potential new 1.0-litre turbo petrol engine, refreshed exterior styling with updated lights and grille, and a more tech-savvy interior featuring a larger touchscreen and wireless smartphone connectivity. Safety enhancements and minor price…

International Business Times UK

Solo Dad Who Took Daughters Into Women's Restroom Questioned Over $3,000 GoFundMe Appeal

A father's decision to take his daughters into a women's restroom at an Alabama petrol station went viral, leading to a controversial fundraising campaign and criticism from the children's mother.

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The Conversation

Underlying inflation is still too high, keeping another interest rate hike on the table

The latest inflation figures released by the Australian Bureau of Statistics look, at first glance, like good news. The headline rate for May rose 4.0% over the past year, down from 4.2% in April.

International Business Times UK

Will Petrol Prices Rise Again in the UK? Strait of Hormuz Closure Could Hit Drivers Within Weeks

Iran's closure of the Strait of Hormuz could spike UK fuel prices and disrupt global energy markets. What this means for British drivers and how to mitigate rising costs?

Euronews

Inside Ukraine’s campaign to turn Russian-occupied Crimea into an 'island'

No petrol sales for civilians, a rolling power-outage schedule and a cancelled tourism season: what is happening in Russia-annexed Crimea amid Kyiv’s campaign to cut off the peninsula from Moscow’s control?

The Economic Times

Nayara Energy crosses 7,000 petrol pumps in India

Nayara Energy, backed by Russia's Rosneft, has surpassed 7,000 petrol pumps nationwide, solidifying its status as India's leading private fuel retailer. The company has rapidly expanded its network, adding over 500 outlets in just 18 months, with a significant presence in rural areas. This growth not only enhances fuel accessibility…

The Economic Times

Petrol, diesel margins back to above pre-conflict levels: Report

State-run oil companies are poised for improved profitability as falling crude prices boost fuel marketing margins. While recent government excise duty cuts have aided this recovery, rising debt levels and potential tax increases pose risks to long-term earnings. Analysts anticipate better performance from the second quarter onwards, especially if oil…

AAP

Fuel costs to creep up as states back excise return

Drivers will pay 16 cents a litre more for petrol and diesel from July as battles over taxes on fuel open up on multiple fronts.

France 24

Russia pauses fuel sales as Ukrainian strikes kill several, wound dozens in Crimea

A massive Ukrainian barrage in Russian-occupied Crimea killed at least four people and wounded dozens, Moscow-backed authorities there said Sunday, adding that fuel sales at Crimean petrol stations were suspended. Ukraine said it targeted military and energy facilities in Crimea – Moscow's key logistics base for its four-year military offensive…

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