As concerns over global crude supply intensify, the Indian government is exploring a major transition in the transport fuel sector. After introducing blended fuels like E20, officials are now working on a roadmap to roll out E85 — a high-ethanol fuel that could significantly reduce reliance on imported oil. According to sources, a draft framework […]
A potential U.S. move to impose a naval blockade in the Strait of Hormuz is expected to significantly reshape global oil flows—boosting American exports while raising concerns about rising fuel prices worldwide. Reports indicate that U.S. crude shipments are already on track to reach record levels this month, with dozens of supertankers heading toward the […]
The global aviation sector is witnessing a sharp increase in ticket prices as airlines grapple with soaring fuel costs triggered by geopolitical tensions, including the US-Israel Iran conflict. Jet fuel prices have surged dramatically—from around $85–$90 per barrel to as high as $150–$200—putting intense pressure on airlines, where fuel accounts for nearly 25% of operating […]
Mumbai, June 4 : Fuel prices in Maharashtra saw a slight dip on Wednesday amid ongoing fluctuations in the global crude oil market, offering some respite to consumers grappling with rising daily expenses and inflation. The state’s updated petrol and diesel rates were announced early this morning at 6 am and communicated across Maharashtra’s cities. […]