Fuel excise duty News

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India

India Implements Significant Fuel Price Hike Amid Global Market Volatility.

May 15, 2026 at 6:15 AM

India has increased petrol and diesel prices by 3 rupees per litre for the first time in four years, citing intense pressure from global crude oil markets and rising import costs.

9 sources

India Implements Significant Fuel Price Hike Amid Global Market Volatility

Image Credit : newindianexpress.com

Politics

Image Source : cbsnews.com

Trump Backs Federal Gas Tax Holiday Amid Escalating Iran War Fuel Costs.

May 11, 2026 at 6:00 PM

10 sources

Local News

Image Source : energy.ec.europa.eu

Hidden Costs in Fuel Pricing Cast Doubt on Electricity Tariff Logic.

May 8, 2026 at 12:06 AM

6 sources

United States

Rising Fuel Costs Deepen Economic Divide in the United States.

Recent data from the New York Federal Reserve highlights a K-shaped economic divide, where soaring gas prices disproportionately force lower-income households to reduce fuel consumption while higher earners maintain their habits.

May 6, 2026 at 3:44 PM

8 sources

Image Source : klse.i3investor.com

Energy•

April 28, 2026 at 4:00 AM

China Eyes Fuel Export Resumption as Domestic Stockpiles Surge.

State-owned Chinese oil giants, including Sinopec and CNPC, are seeking government approval to restart gasoline and diesel exports in May, following a period of reduced processing and high domestic inventory levels.

7 sources

Economy

Surging Fuel Costs Force Ride-Hailing Drivers to Recalibrate Earnings Strategy.

April 18, 2026 at 9:55 AM

Rising gasoline prices triggered by geopolitical instability are forcing full-time rideshare drivers to become more selective with trip acceptance and adopt fuel-saving driving habits.

5 sources

Surging Fuel Costs Force Ride-Hailing Drivers to Recalibrate Earnings Strategy

Image Credit : usatoday.com

Technology

Image Source : therideshareguy.com

Smart Strategies to Combat Soaring Fuel Expenses.

April 18, 2026 at 9:24 AM

6 sources

Economy

Ceylon Petroleum Corporation Clarifies High-Cost Fuel Imports Amid Market Volatility.

The CPC Chairman clarified that reports of crude oil being purchased at $286 per barrel were inaccurate, explaining that the high cost applied to refined diesel due to global supply chain pressures.

April 17, 2026 at 9:45 AM

10 sources

International News

Image Source : cbsnews.com

Logistics of War: The Staggering Consumption Rates Behind Operation Epic Fury.

April 8, 2026 at 3:46 PM

10 sources

Government Announces New Fuel Subsidy Program for Fishing Sector

Image Source : thestar.com.my

Local News•

April 7, 2026 at 3:59 AM

Government Announces New Fuel Subsidy Program for Fishing Sector.

The Cabinet of Ministers has approved a new fuel subsidy scheme for the Sri Lankan fishing industry, set to launch on April 20, 2026, to alleviate operational costs for small and multi-day vessel operators.

10 sources

Local News

Government Approves Price Relief Mechanism for Petrol and Diesel Amid Global Market Instability.

April 7, 2026 at 12:51 AM

The Sri Lankan government has approved a subsidy scheme to stabilize fuel prices, providing up to LKR 20 per liter for 92 Octane petrol and LKR 100 per liter for auto diesel starting March 22, 2026.

10 sources

Government Approves Price Relief Mechanism for Petrol and Diesel Amid Global Market Instability

Image Credit : ceylonwire.lk

Local News

Image Source : ada.lk

Government Implements Fuel Price Relief Measures to Cushion Economic Impact.

April 6, 2026 at 3:01 PM

1 sources

Economy

Image Source : politico.eu

Global Aviation Sector Faces Turbulence as Jet Fuel Crisis Triggers Flight Cancellations.

April 5, 2026 at 9:52 PM

10 sources

Local News

Image Source : economynext.com

Government Poised to Ease Fuel Restrictions as April Shipments Arrive.

April 5, 2026 at 8:24 PM

7 sources

Sri Lanka Signals Return to Normalcy as Fuel Stability Improves

Image Source : lankasara.com

Local News•

April 5, 2026 at 4:57 PM

Sri Lanka Signals Return to Normalcy as Fuel Stability Improves.

Foreign Minister Vijitha Herath has announced that the government is planning to scrap temporary fuel restrictions and revert to a full work week as energy supplies stabilize following the Middle East conflict.

39 sources

International News

Pakistan Facing Severe Economic Pressure Amid Escalating Middle East Conflict.

April 4, 2026 at 9:08 PM

As the war involving Iran, Israel, and the US intensifies, Pakistan is grappling with a severe economic crisis driven by soaring fuel prices and energy supply disruptions.

10 sources

Pakistan Facing Severe Economic Pressure Amid Escalating Middle East Conflict

Image Credit : pakistanchronicle.com

Local News

Image Source : lankanewsweb.net

Government Evaluates Fuel Efficiency and Online Work Protocols Amidst Energy Crisis.

April 4, 2026 at 12:13 AM

4 sources

Local News

Boosting Export Continuity: EDB and CPC Strategize on Fuel Supply Solutions.

The Export Development Board and Ceylon Petroleum Corporation have held a critical discussion with export industry stakeholders to address fuel distribution challenges and ensure prioritized supply for key sectors.

April 2, 2026 at 6:45 AM

11 sources

Economy

Image Source : mordorintelligence.com

China Directs Private Refiners to Prioritize Fuel Output Amid Global Energy Instability.

April 2, 2026 at 6:49 AM

8 sources