India fuel price hike News

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India

India Deploys Strategic Economic Measures to Counter Global Oil Price Shock.

May 25, 2026 at 1:28 PM

India's government is implementing a series of fiscal and monetary interventions to mitigate the impact of surging global oil prices resulting from West Asia regional tensions, focusing on currency stabilization, fuel tax adjustments, and import controls.

13 sources

Image Credit : en.m.wikipedia.org

Local News

Image Source : magzter.com

Sri Lanka’s Fuel Import Spending Spikes: CPC Reports Significant Increase in 2026 Outlays.

May 18, 2026 at 4:07 AM

18 sources

India

Image Source : newindianexpress.com

India Implements Significant Fuel Price Hike Amid Global Market Volatility.

May 15, 2026 at 6:15 AM

9 sources

Middle East

Image Source : aljazeera.com

Soaring Fuel Costs Trigger Economic Crisis for Yemeni Households.

May 8, 2026 at 9:15 AM

10 sources

Hidden Costs in Fuel Pricing Cast Doubt on Electricity Tariff Logic

Image Source : energy.ec.europa.eu

Local News•

May 8, 2026 at 12:06 AM

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

Energy experts and officials have raised concerns over the opaque fuel pricing mechanisms used in electricity tariff calculations, suggesting that the burden of subsidized diesel is being unfairly shifted to electricity consumers through inflated prices for Heavy Fuel Oil and naphtha.

6 sources

United States

Rising Fuel Costs Deepen Economic Divide in the United States.

May 6, 2026 at 3:44 PM

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.

8 sources

Local News

Image Source : m.economictimes.com

Sri Lanka’s Economic Resilience Tested as Frequent Fuel Hikes Trigger Cost-of-Living Crisis.

May 4, 2026 at 5:43 AM

19 sources

Local News

Image Source : adaderana.lk

Vehicle Importers Warn of Impending Price Hikes Amidst Currency and Tax Pressures.

May 3, 2026 at 11:01 AM

8 sources

Local News

Image Source : ft.lk

President Dissanayake Signals Potential Adjustment to Fuel Prices Amid Global Market Pressures.

May 1, 2026 at 2:48 PM

12 sources

Image Source : en.wikipedia.org

Local News•

April 30, 2026 at 11:43 AM

Sri Lanka Inflation Spikes to 5.4% Amid Energy Cost Surge.

Sri Lanka's inflation more than doubled to 5.4% in April 2026, driven by a sharp increase in fuel and electricity prices resulting from regional conflicts in the Middle East.

21 sources

Local News

National System Operator Files Proposal for Q2 Electricity Tariff Hike.

April 28, 2026 at 5:46 PM

The National System Operator (Pvt) Ltd. has formally submitted a proposal to the Public Utilities Commission of Sri Lanka (PUCSL) to adjust electricity tariffs for the second quarter, citing recent increases in fuel costs as the primary driver.

29 sources

National System Operator Files Proposal for Q2 Electricity Tariff Hike

Image Credit : adaderana.lk

Energy

Geopolitical Tensions Drive India and China into Fierce Competition for Russian Oil.

The ongoing Iran war and the effective closure of the Strait of Hormuz have triggered a desperate scramble for Russian crude as both India and China struggle to secure energy supplies amid global shipping disruptions.

April 23, 2026 at 9:06 AM

14 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

Local News

Sri Lanka Faces Price Hikes for Popular Eatery Meals Amid Rising Operational Costs.

The All Island Canteen and Restaurant Owners' Association has announced a 20-rupee price hike for staples like rice and curry and kottu, citing increasing gas costs as the primary driver.

April 7, 2026 at 7:08 PM

10 sources

Domestic LP Gas Rates Adjusted Amid Rising International Market Costs

Image Source : newsfirst.lk

Local News•

April 7, 2026 at 12:01 PM

Domestic LP Gas Rates Adjusted Amid Rising International Market Costs.

Minister Vijitha Herath has confirmed that domestic LP gas prices have been increased following a significant rise in global gas market rates.

9 sources

Local News

Advocata CEO Warns of Impending Diesel Price Hike in Sri Lanka.

April 7, 2026 at 3:15 AM

Advocata Institute CEO Dhananath Fernando suggests that current global fuel prices necessitate a diesel price adjustment to Rs. 600 per liter in Sri Lanka, warning of economic repercussions if subsidies continue.

2 sources

Advocata CEO Warns of Impending Diesel Price Hike in Sri Lanka

Image Credit : sinhala.adaderana.lk

Local News

Image Source : ceylonwire.lk

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

April 7, 2026 at 12:51 AM

10 sources

Local News

Sinopec Adjusts Retail Price for Super Diesel.

April 6, 2026 at 5:59 PM

7 sources

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

Pakistan Faces Economic Strain as Transport Costs Surge by 65 Percent

Image Source : tribuneindia.com

World News•

April 5, 2026 at 5:04 AM

Pakistan Faces Economic Strain as Transport Costs Surge by 65 Percent.

Record-high fuel price hikes in Pakistan have forced transporters to increase passenger and freight fares by up to 65%, sparking widespread public outcry and warnings of industrial stagnation.

10 sources