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    India’s truckers brace for first diesel price hike in four years

    In the backdrop of impending elections, truck fleet operators across India are seeing storm clouds on the horizon with expected fuel rationing and a steep rise in diesel prices. The flare-up in the Middle East is sending shockwaves through global oil supplies, forcing state refiners to reconsider their strategies amid rising inflation.

    India LPG consumption slides 13% amid West Asia conflict

    India's LPG consumption plummeted by 13% in March due to West Asia conflict-induced supply disruptions. Despite government efforts to boost domestic production and meet household demand, commercial and bulk sales saw significant drops. However, overall LPG consumption for the fiscal year ending March 2026 still registered a 6% increase.

    Bangladesh raises fuel prices as Iran war drives up costs

    Bangladesh has made a tough choice to raise fuel prices by up to 15 percent, a direct response to rising crude oil costs and supply interruptions stemming from conflicts in the Middle East. This price hike affects petrol, diesel, and kerosene, reflecting the harsh realities of the global market.

    India's LPG demand softens, bookings fall to 46-50 lakh, supply remains normal: Govt

    LPG demand is expected to moderate during the summer season, with bookings already witnessing a decline, said Sujata Sharma, Joint Secretary (Marketing & Oil Refinery), Ministry of Petroleum and Natural Gas, during an inter-ministerial briefing on recent developments in West Asia on Friday.

    Decontrol oil prices and replace cross-subsidies with targeted DBTs for needy households

    During recent global crude price volatility linked to West Asia tensions, retail fuel prices in India remained largely unchanged, unlike in other countries or even private retailers, raising questions about the credibility of “market-linked” pricing.

    Crude unlikely to return to pre-war levels soon; India's import bill may rise $70bn annually: Report

    India's oil import bill is set to surge by over $70 billion annually as crude oil prices remain high due to the West Asia conflict. Shipping routes are critical and remain uncertain. Refineries are damaged, and rebuilding will take time. Freight and insurance costs have also increased. India will diversify import sources.

    • Fuel price freeze: Rs 18/litre loss on petrol, Rs 35 on diesel

      State-owned fuel retailers IOC, BPCL and HPCL face widening losses of Rs 18 per litre on petrol and Rs 35 on diesel as prices remain frozen since April 2022. Rising global crude costs, despite excise cuts, have eroded gains, with analysts warning of possible price hikes after state elections.

      No addition of petrol, diesel vehicles to delivery, ride aggregator fleets in Delhi: Draft EV policy

      Delhi EV polocy: The nationak capital is set to electrify its transport sector. New petrol and diesel vehicles will not join delivery and ride aggregator fleets starting this year. From 2027, only electric auto-rickshaws will be registered. Incentives are offered for electric three-wheelers to encourage adoption. This policy targets high-usage vehicles to reduce pollution.

      Germany announces €1.9 billion fuel price relief amid Iran war-driven oil surge

      In light of escalating oil prices due to the tensions in Iran, Germany's government is stepping in with an impressive 1.6 billion euros in fuel assistance. The plan, effective for two months, includes a 0.17 euro reduction in energy tax per litre of diesel and petrol. Furthermore, employers can provide a generous, tax-free bonus of 1,000 euros to their staff.

      $20 million fuel campaign sparks backlash as government defends conservation push amid Middle East crisis and global energy strains

      The Australian government has launched a $20 million campaign encouraging fuel reduction and efficient driving habits amidst global energy disruptions and rising prices. Critics question its necessity, arguing motorists are already cutting back due to cost, while officials defend it as a precautionary measure for essential services and fuel security.

      Petrol, Diesel price today (April 13): As Diesel, ATF export duties see hike, check fuel rates in Delhi, Mumbai, Kolkata and other cities

      Petrol, Diesel price today: The prices of petrol and diesel have remained steady despite the ongoing tensions in West Asia. Recently, the government announced a sharp increase in export duties on diesel and Aviation Turbine Fuel (ATF), while keeping the duty on petrol unchanged. In Delhi, petrol is being sold at Rs 94.77 per litre and diesel at Rs 87.67 per litre.

      India raises export duty on diesel, ATF

      India has significantly increased export duties on diesel and aviation turbine fuel. This move aims to boost government revenue and ensure sufficient domestic fuel supply. The export duty on diesel now stands at ₹55.50 per litre, and on ATF at ₹42 per litre. These changes are a response to rising global crude oil prices following the Iran war.

      Jio-bp not to raise petrol, diesel prices

      Jio-BP, a fuel joint venture, will not increase petrol and diesel prices now. This decision comes despite a surge in international oil costs. Other private retailers like Nayara Energy and Shell India have raised their prices. Jio-BP attributes its sales growth to specialized fuel additives. The company assures adequate fuel supplies and normal operations at its outlets.

      Delhi EV registrations rise 29%, petrol vehicles retain dominance

      Delhi's electric vehicle registrations surged by 29 percent in 2025-26. Petrol vehicle registrations also increased, showing a mixed market. Experts anticipate further EV growth due to new policies and incentives. The government is promoting electric mobility with scrappage benefits and tax exemptions. Overall vehicle demand in Delhi saw robust growth.

      India caps refinery margins after windfall export tax to cushion fuel losses

      India has capped refinery margins to manage losses on domestic fuel sales. This follows a windfall tax on fuel exports. The move aims to balance record losses on petrol and diesel due to high international oil prices. Refineries will now effectively transfer excess earnings to state-run marketing companies. This adjustment impacts the pricing of diesel, aviation turbine fuel, and kerosene.

      Oil retailers losing Rs 21 per litre on petrol and Rs 28 on diesel: Jefferies

      Indian state-run oil companies are facing significant losses on fuel sales, with petrol and diesel losses reaching Rs 21 and Rs 28 per litre respectively, despite a recent excise duty cut. Surging global refining margins, driven by Middle East supply disruptions and Russian infrastructure damage, have exacerbated the situation, leading to frozen retail fuel prices.

      As crude oil price crashes amid US-Iran ceasefire, check petrol and diesel rates in your city today

      Petrol, Diesel price today (April 8): There has been no change in the prices of petrol and diesel in Delhi, Mumbai and other cities today, April 8, 2026. This came as global oil prices crashed on Wednesday after US President Donald Trump announced a two-week pause in strikes on Iran.

      Iran war: IOC, BPCL, HPCL may have lost Rs 6/litre on diesel in Q4

      State-run oil companies Indian Oil, BPCL, and HPCL incurred substantial losses on diesel sales in the fourth quarter. Petrol margins also saw a sharp decline. This was driven by a surge in crude oil prices, while domestic retail fuel prices remained unchanged. Higher LPG under-recoveries also impacted performance. Gross refining margins showed resilience.

      Diesel sales jump 8% in March amid panic buying

      Fuel demand saw a surge in March. Diesel sales climbed 8% as consumers stocked up fearing shortages. Petrol demand also rose above trend. However, LPG sales dropped 13% due to supply restrictions. Aviation fuel consumption remained flat. For the full year, diesel and petrol sales grew, while LPG and ATF saw modest increases.

      Iran war roils India's neighbourhood, emergency manoeuvres carried out to cushion energy blow

      West Asia crisis: Pakistan is implementing strict energy-saving measures, including early closures for markets and weddings, to combat a fuel crisis. Other South Asian nations like India, Bangladesh, Nepal, Sri Lanka and Maldives are also introducing diverse strategies, from fuel duty cuts and reduced working hours to electricity tariff hikes and EV conversions.

      Petrol, diesel price today (April 5): Check fuel cost in your city as West Asia conflict enters day 37

      Petrol and diesel prices in India remained steady on April 5, 2026, despite significant volatility in global crude oil markets. Geopolitical tensions in West Asia, particularly involving Iran, Israel, and the United States, have driven international oil prices up. Oil marketing companies are absorbing some of this volatility to ensure near-term stability for consumers and manage domestic inflation.

      India OMCs to pay discounted rates to refiners amid fuel price freeze

      Indian state-owned oil companies have decided to reduce the prices they pay refineries for petrol, diesel, and other fuels. This proactive strategy targets the financial strain caused by fixed retail fuel prices. Consequently, refiners will absorb some of the increased costs stemming from the global oil market. The most significant impact will be on independent refineries.

      Pakistan cuts petrol prices by 80 rupees per litre amid Israel-Iran war

      Pakistan will reduce petrol prices by 80 rupees per liter to 378 rupees. This cut comes from the government's petroleum levy. The decision follows a recent hike in diesel and petrol prices. Global oil price increases due to the Middle East conflict were cited for the earlier rise. This price adjustment offers relief to consumers.

      Petrol, Diesel price today (April 3): As global oil prices jump, check latest fuel rates in Delhi, Mumbai and other cities

      Petrol, Diesel price today: Despite the Brent crude hovering around $ 110 per barrel due to the ongoing Middle East war, the petrol and diesel prices have remained unchanged in major Indian cities. The petrol price in Delhi is Rs 94.77 per litre and that of diesel is Rs 87.67 per litre.

      'Mediator' Pakistan feels the heat as petrol price breaches PKR 450, diesel goes over 500 due to Middle East war

      Pakistan petrol, diesel prices: The petrol price in cash-strapped Pakistan has increased to PKR 458.40 rupees per litre and diesel has breached the 500 mark. This comes when Pakistan has claimed to be a mediator in the US-Iran war. The increase in fuel prices is expected to burn the pockets of Pakistanis, already facing high inflation and cost of living.

      Petrol at Rs 72, diesel at Rs 69 in Delhi? How GST could slash fuel prices in India

      Global crude oil prices have surged past $110 per barrel. However, Indian retail fuel prices remain stable. This is due to government excise duty cuts and oil companies absorbing losses. Taxation remains a key factor in India's fuel pricing. Bringing fuel under GST could significantly reduce prices for consumers.

      Petrol, Diesel price today (April 2): As Nayara and Shell increase fuel rates, check prices in Delhi, Mumbai, Kolkata and other cities

      Petrol, Diesel price today (April 2): There has been no change in the prices of petrol and diesel today, on April 2, 2026. This comes despite private fuel retailers Nayara and Shell hiking the prices of petrol and diesel amid the ongoing Middle East crisis. The government has ensured that the fuel rates will remain unchanged as of now.

      Diesel at Rs 192 per litre? Here's what the Petroleum Ministry has said amid the Iran war oil crisis

      Petrol, Diesel price today: Will you pay for Rs 192 per litre for diesel and Rs 192 per litre for petrol? The Ministry of Petroleum and Natural Gas, in a post, revealed the losses borne by the Oil Marketing Companies as they are incurring under-recoveries of Rs 24.40/litre on petrol and Rs 104.99/litre on diesel. As of now, the prices of petrol and diesel have remained stable in Delhi, Mumbai, Kolkata and other cities.

      Petrol, Diesel price today (April 1): As Premium Petrol, Diesel and LPG get costlier, check fuel rates in Delhi, Mumbai, Kolkata and other cities

      Petrol, diesel prices today (April 1, 2026): Amid the hike in prices of Indian Oil's XP100 petrol (a premium variant) and Xtra Green (premium diesel), there is relief for consumers as petrol, diesel prices have remained the same on April 1, 2026. The prices of commercial LOG cylinders have been increased by Rs 195.50 amid the ongoing West Asia conflict.

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