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The Latest Breaking News from Petrol

‘It’s not like a lockdown is going to take place tomorrow’: Puri dismisses fears after PM Modi’s fuel-saving push

Union Minister Hardeep Singh Puri reassured citizens that no lockdown-like restrictions are imminent despite Prime Minister Modi's call for fuel conservation amid the West Asia crisis. Puri asserted India's energy supplies remain stable, with significant domestic LPG production increases and substantial oil and LPG reserves in place.

The Economic Times

Petrol, Diesel prices today hiked? Check the latest rates in Delhi, Mumbai, Kolkata and other cities as OMCs bleed Rs 1,000 crore per day

Petrol, Diesel prices today (May 12): Petrol and diesel prices remained steady on May 12, 2026, despite rising concerns over India's energy security and escalating crude oil prices. The government is absorbing daily losses to shield consumers, while urging citizens to curb fuel consumption amid Middle East tensions. India maintains…

The Economic Times

Trump Adviser Says Record-Low Consumer Sentiment Is Basically POTUS' Fault for Caring Too Much

US consumer confidence has reached a record low, driven by high petrol prices and tariffs. Economic pressures are affecting household budgets, with many Americans feeling financially strained.

International Business Times

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Trump Shocks Critics After Calling Strait of Hormuz Shutdown the 'Smartest Move in History'

Trump hails Strait of Hormuz shutdown as history's smartest move, even as petrol tops $4.52 and Iran ceasefire talks collapse, escalating rhetoric in the conflict's tenth week.

International Business Times

Trump to cut federal fuel tax as motorists count cost of Iran war at the pump

Petrol prices in the US have risen by more than 50% since the start of the Middle East conflict, feeding domestic discontent

Evening Standard

Observe and shock absorb: To ride out this oil crisis, focus should be on well-targeted support, not broad price suppression

India is navigating a critical oil import challenge. The government's approach of keeping fuel prices steady faces fiscal and equity questions. Experts suggest a move towards targeted aid for the needy instead of broad price cuts. Building strategic reserves and accelerating renewable energy adoption are crucial long-term steps to reduce…

The Economic Times

Petroleum Ministry says fuel, LPG stocks adequate amid global supply disruptions; urges citizens to conserve energy

India's Petroleum Ministry confirms stable fuel supplies despite global energy challenges. Crude oil inventories are secure, refineries operate at peak capacity, and no fuel shortages are reported nationwide. The government urges citizens to conserve fuel by using public transport, carpooling, and opting for electric vehicles. These measures aim to ease…

The Economic Times

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After PM Modi’s WFH appeal, Nitin Gadkari has this message for Indians to save fuel amid Iran war

Amid escalating Middle East tensions, Prime Minister Modi urged citizens to conserve fuel by reducing petrol and diesel consumption, promoting work-from-home, public transport, and carpooling. He also advised against non-essential foreign travel and gold purchases for at least a year to bolster foreign exchange reserves and the domestic economy.

The Economic Times

Why PM Modi Suddenly Wants Indians to Work From Home

As fuel prices rise and tensions in West Asia continue to grow, Prime Minister Narendra Modi has made an unexpected appeal to Indians work from home whenever possible, avoid unnecessary travel, and use fuel carefully. For many people, it sounded like a reminder from the Covid era. But behind this…

MyLifeXP

Rs 1,600-1,700 cr a day, Rs 1 lakh cr in 10 weeks: Cost of insulating India from global energy shock

State-owned oil firms are incurring massive daily losses, estimated at Rs 1,600-1,700 crore, to shield Indian consumers from global energy price shocks. This has led to over Rs 1 lakh crore in under-recoveries in 10 weeks, raising concerns about their financial sustainability and the need for potential price hikes.

The Economic Times

5 Reasons the Skoda Kylaq Feels Built for India

Indian roads demand more than just a stylish car. Drivers want comfort during long traffic hours, enough space for family trips, strong safety, fuel efficiency, and a design that still feels premium years later. Most SUVs promise these things. Very few actually balance them well. That is where the new…

MyLifeXP

UK drivers could save almost £1,000 a year by switching to electric vehicles amid rising petrol prices

IN FULL

The Independent UK

Boost for electric car market as petrol costs soar due to Iran war

The fuel savings for switching to an electric vehicle hit a new high – £960 a year

The Independent UK

Trump says ‘bombing starts’ if Iran fails to reach deal, amid UK jobs warning

The US president insists the conflict is ‘going very smoothly’ despite the global economic shock and spike in petrol prices.

Evening Standard

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The Guardian - AU

Albanese has announced plans for a $10bn fuel and fertiliser supply package. What will this mean at the petrol pump?

Private companies will be required to hold an extra 10 days of fuel, taking Australia’s overall reserves of diesel and jet fuel to 50-day supply

The Guardian - AU

Conservatives want more Australian oil and refineries – but is that really the answer to the fuel crisis?

Experts say expanding oil infrastructure, instead of embracing electric vehicles, would ignore basic economics

The Independent UK

Two million electric cars are now on UK roads – but still missing government EV targets

New car sales bounced back in April as EVs hit a major milestone, while the Renault 5 became Britain’s best-selling electric car

The Independent UK

RAC warns that highest petrol prices are yet to come amid more Iran turmoil

IN FULL

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The Independent UK

RAC issues petrol price warning as costs near highest since Iran war began

Oil is still cheaper than it should be, warn some experts

International Business Times UK

Donald Trump Predicts Falling Energy Prices While Telling US Families To Be Thankful That 'Costs Are Not Even Higher'

US petrol prices have reached a four-year high amid the Iran conflict, with Trump promising relief post-war. Analysts remain skeptical as prices continue to rise, impacting American families.

AAP

Electric car sales surge ahead amid fuel uncertainty

Australian drivers have broken the record for electric car sales again, as petrol and diesel-powered vehicle sales stall.

The Independent UK

Amsterdam bans public ads for burgers, petrol cars and cruises

IN FULL

We Got This Covered

Woman waiting at petrol station ‘overhelmed’ to tears by good samaritan, and he didn’t stop with her

Monty Van Der Berg made a random act of kindness and made someone's day.

This is the most adaptable luxury car in the world – it’s just missing one thing

The Range Rover is very nearly the ultimate luxury vehicle, and the next version could make it perfect

The Guardian - UK

Germany’s climate U-turn is the worst possible response to the oil shock

Prices at the pump have leapt since the start of the conflict – but clinging to fossil fuels will only prolong the pain, says Berlin-based journalist Tania Roettger

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