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gasoline and diesel usage and pricing

Pakistan hikes petrol, diesel prices due to Middle East war

Pakistan hikes petrol, diesel prices due to Middle East war

Pakistan's government on Thursday drastically raised fuel prices in response to spiking global energy prices caused by the Iran war, the country's petroleum minister said in a press conference. The new prices mark an increase of 42.7 percent in petrol prices and 54.9 percent

Greenpeace accuses oil companies of reaping Mideast 'war profits'

Greenpeace accuses oil companies of reaping Mideast 'war profits'

A study commissioned by Greenpeace said on Wednesday that oil companies have been making more than 80 million euros a day in "war profits" in the European Union since the start of the war in the Middle East. "If this level persists, the oil companies can expect

US stocks surge on hopes Iran war will end soon

US stocks surge on hopes Iran war will end soon

Wall Street stocks rocketed higher Tuesday while oil prices retreated after Iran's president said his country had the "necessary will" to end the war with the United States and Israel, lifting hopes that a resolution was in site. President Masoud Pezeshkian, in a phone call with

Russian oil tanker docks in Cuba after US blockade relief

Russian oil tanker docks in Cuba after US blockade relief

A Russian oil tanker docked in a Cuban port on Tuesday to deliver the first crude shipment to the crisis-hit island since January after Washington gave a reprieve from its fuel blockade. The Anatoly Kolodkin, a tanker under US sanctions, entered the port of Matanzas, east of Havana, after

US consumers' inflation expectations surge on Mideast war

US consumers' inflation expectations surge on Mideast war

Inflation expectations among US consumers surged in March to levels last seen around seven months ago, following rocketing energy prices due to war in the Middle East, survey data showed Tuesday. But overall, the Conference Board's Consumer Confidence Index beat analyst expectations to inch up this month to

Gas prices top $4 for the first time in four years due to Iran conflict

(The Center Square) – Gas prices topped $4 nationally on Tuesday, March 31, according to fuel price trackers Gas Buddy and the AAA motor club. “Gasoline and diesel prices continue to climb to multi-year highs as the effective closure of the Strait of Hormuz curtails the flow of millions of

Indonesia rations fuel as prices soar over Mideast war

Indonesia rations fuel as prices soar over Mideast war

Indonesia on Tuesday announced fuel rationing and mandated work from home for civil servants as it seeks to conserve energy stocks amid global price hikes due to the Middle East war. "To ensure fuel distribution, the government will regulate purchases... with a reasonable limit of 50 litres per vehicle&