National
The Congress in Karnataka has criticised the recent fuel price reduction, calling it a political move designed to benefit oil companies rather than provide lasting relief to consumers. The party also warned that petrol and diesel prices could be raised again after the elections, turning the current cut into what it described as a temporary […]
National
India has cut special additional excise duties on petrol and diesel as the government moves to cushion fuel markets from the shock caused by the Iran war and the disruption around the Strait of Hormuz. The decision comes as oil and gas supplies remain under pressure and concerns over import costs continue to grow. India […]
International
Philippine President Ferdinand Marcos Jr has declared a year-long national energy emergency as the impact of the Iran war begins to strain fuel availability and disrupt transport planning in the country. The move comes as officials warn of growing risks to energy supply chains, with the government preparing emergency measures to manage the distribution of […]
International
Cuba suffered another nationwide blackout after its national power grid collapsed for the second time in a week, leaving millions without electricity and deepening the country’s worsening energy crisis. The latest outage also marked the third major grid failure reported in March, underlining the strain on Cuba’s fragile power system. Cuba Nationwide Blackout Leaves
International
Bangladesh is moving to secure around $2 billion in fresh external funding as it struggles with soaring fuel and LNG costs during the wider West Asia crisis. The push comes as Dhaka tries to protect energy supplies, manage import pressure and avoid deeper disruption to electricity generation and industrial activity. Bangladesh Seeks $2 Billion Energy […]
National
Air India has warned that rising jet fuel costs triggered by the West Asia conflict could weaken travel demand and force the airline to consider cutting some flights if costs remain elevated. The warning reflects the growing pressure on carriers as fuel prices surge and fare hikes become harder to pass on fully to passengers. […]