fuel prices
India Raises Fuel Prices as Iran War Disrupts Global Oil Supply
India’s state owned oil companies have increased petrol and diesel prices by more than three percent as the ongoing Iran war continues to...
Trump Plans Gasoline Tax Suspension As Fuel Prices Surge Amid Iran War
United States President Donald Trump has announced plans to suspend the federal gasoline tax in response to rising energy costs linked to the...
NUPENG Demands Results from FG China Refinery Partnership
The Nigeria Union of Petroleum and Natural Gas Workers has urged the Federal Government and the Nigerian National Petroleum Company Limited to ensure...
Nigeria Airlines Face Fare Hike Threat as Fuel Crisis Talks Stall
Strong indications have emerged that airline operators in Nigeria may soon increase ticket prices or suspend operations following the collapse of a 48...
Hormuz Strait Closure Dashes Hopes of Petrol Price Drop in Nigeria
The decision by Iran to reclose the Strait of Hormuz has dealt a major blow to expectations of a significant reduction in fuel...
Rising Food Crisis Looms in Nigeria as Policy Failures and Global Shocks Converge
A fresh warning has been issued over Nigeria’s worsening food outlook, as a combination of domestic challenges and global disruptions threaten to reverse...
Regulators Confront Fuel Price Surge Amid Global Energy Strain
Regulatory authorities in several countries have summoned major fuel companies to explain sudden increases in petrol prices, as governments seek to address public...
Governments Weigh Emergency Steps as Oil Shock Tools Diminish
Governments across major economies are reassessing their crisis response options as the pool of measures used to soften the global oil supply shock...
Rising Fuel Costs Raise Fears of Worldwide Economic Slowdown
Economic analysts are warning that sustained increases in fuel prices are creating mounting risks for global growth, as energy expenses ripple through transportation,...
Governments Release Emergency Oil Reserves to Calm Global Energy Markets
Governments across several major economies have begun releasing emergency oil reserves in an effort to calm global energy markets as tensions in the...
