Fuel Crisis

India ramps up refinery output to cope with enduring cooking gas crisis

India has raised local output by over a fifth since strikes on Iran began in February, to about 46,000 tons a day

Iran war fuels nuclear push across Asia, Africa amid energy shock

The Iran war's global energy shock is causing some nations in Africa and Asia to boost nuclear power generation and spurring atomic energy plans in non-nuclear countries on both continents. Asia, where most of the Middle Eastern oil and natural gas was headed, was hit first and hardest by disruptions to shipping routes carrying those fuels - swiftly followed by Africa. The US and Europe are also feeling the pinch as the conflict drives up energy costs. African and Asian nations with nuclear plants are increasing their output as they scramble for short-term energy supplies, while non-nuclear countries are accelerating long-term nuclear plans to safeguard against future fossil fuel shocks. Nuclear power isn't a quick fix for the current energy crisis. Developing atomic energy can take decades, especially for nuclear newcomers. But long-term commitments to nuclear power made now will likely lock it in to countries' future energy mixes, said Joshua Kurlantzick of the Council on Foreign

'Iran war may be as disruptive for India as Covid; long-term impact likely'

Although the government is sticking to its forecasts of 6.8 per cent-7.2 per cent for the fiscal year through March 2027, several economists have already started to downgrade their projections

Over 128,000 raids, 59,000+ LPG cylinders seized since March 2026

The Government of India convened a briefing at the National Media Centre on Monday. Officials from the Ministries of Petroleum and Natural Gas, Ports, Shipping and Waterways, and External Affairs provided updates on fuel availability, maritime operations, assistance to Indian nationals in the region, and measures being undertaken to maintain stability across key sectors. The Ministry of Heavy Industries also shared updates regarding the heavy industries sector.Enforcement actions continue across the country to curb hoarding and black marketing of LPG. More than 2250 raids were conducted across the country. Till Sunday, more than 1.28 lakh raids have been conducted, over 59,000 cylinders have been seized, more than 1000 FIRs have been registered, and 238 persons have been arrested.According to a press release, in this context, meetings were convened on 2 April 2026 (Chaired by Secretary, MoPNG) and on 6 April 2026 (Chaired by Secretary, MoPNG along with Secretaries of I & B and ...

Trump's blockade of Strait of Hormuz risks deeper crisis for Asia

Governments across the region are scrambling for alternative oil and gas, cutting energy use with warmer AC settings and rolling out measures to cushion the impact on consumers and businesses

Raid at Hyderabad graveyard uncovers hidden LPG canisters amid shortage

The total value of the seized canisters and some vehicles used by ‌the accused was nearly ₹22 lakh, police said

Pakistan hikes petrol, diesel prices by record 43% and 55% amid Iran war

Pakistan has announced an unprecedented increase of 43 per cent and 55 per cent in the prices of petrol and high-speed diesel (HSD), respectively, in response to spiking global oil prices amid the US-Israel war on Iran. The government made the announcement on Thursday. The price of petrol has been increased by Rs 137.23 per litre (42.7 per cent) to Rs 458.41 from Rs 321.17, while HSD by Rs 184.49 per litre (55 per cent) to Rs 520.35 from Rs 335.86, with immediate effect. The price of kerosene was also increased by Rs 34.08 per litre to Rs 457.80. The government also adjusted the petroleum levy rates to limit the increase in diesel prices as the levy on petrol was increased to Rs 160 per litre from Rs 105, while it was reduced to zero on diesel from Rs 55. Petroleum Minister Ali Pervaiz Malik while making the announcement, which he termed as a "difficult decision", said that the objective was to restrict subsidies to the most deserving segments while maintaining fiscal discipline an

Centre uses LPG import crunch to speed up piped gas adoption, cut imports

In March, India added 580,000 new households to its piped gas network, up from 342,300 a year earlier

Commercial LPG prices hiked by ₹195.5 amid escalating West Asia conflict

Prices of commercial LPG were hiked by Rs 195.50 on Wednesday, on back of surge in global oil prices linked to the widening West Asia conflict. A 19-kg commercial LPG now costs Rs 2,078.50 in Delhi, according to state-owned oil companies. Rates were last increased by Rs 114.5 per 19-kg cylinder on March 1. Domestic cooking gas LPG rates, which were last hiked by Rs 60 per 14.2-kg cylinder on March 7, remain unchanged. It costs Rs 913 per 14.2-kg cylinder in Delhi. State-owned Indian Oil Corporation, Bharat Petroleum, and Hindustan Petroleum revise ATF and LPG prices on the first day of every month based on international benchmarks and the exchange rate. Global oil prices have shot up almost 50 per cent after the war in West Asia disrupted energy supply chains. Petrol and diesel prices continue to remain frozen after a Rs 2 per-litre reduction in March last year; petrol currently costs Rs 94.72 per litre in Delhi and diesel Rs 87.62.

ATF hiked by 8.5% for domestic airlines, more than doubles for others

Prices of aviation turbine fuel (ATF), or jet fuel, were more than doubled to a record Rs 2.07 lakh per kilolitre on Wednesday, driven by the the surge in global oil prices linked to the widening West Asia conflict. This is the first time ATF prices have crossed the Rs 2 lakh per kilolitre (kl)-mark. ATF prices in Delhi were hiked to Rs 207,341.22 per kl, from Rs 96,638.14 per kl. On March 1, prices of jet fuel were hiked by 5.7 per cent (Rs 5,244.75 per kl).

Indian Oil hikes premium petrol, diesel prices amid West Asia tensions

Indian Oil has hiked XP100 petrol price from ₹149 to ₹160 per litre and Xtra Green diesel from ₹91.49 to ₹92.99 per litre in Delhi

Centre relaxes kerosene supply rules for 60 days amid LPG shortage

The government has granted temporary permission to OMCs to store kerosene up to 2,500 litres to ensure fuel availability for cooking purposes

Chinese cargoes signal fuel relief for Asian neighbours despite curbs

China, a major Asian fuel exporter, halted overseas oil product sales, forcing refiners to cancel or renegotiate shipments to prioritise domestic supply

West Asia war's gas supply shock pushes top consumers back to coal

Gas prices in Europe and Asia have yet to reach 2022 levels, but they have already soared - pricing many emerging economies out, with industrial clients already severely impacted across Asia

Centre raises commercial LPG supply to 70%, prioritises key industries

The central government has increased commercial LPG allocations to states by 20 per cent, raising the quota to 70 per cent of pre-war demand to meet industrial requirements, including steel and automobiles. In a letter to state chief secretaries, Oil Secretary Neeraj Mittal directed that the additional supply be prioritised for labour-intensive industries such as steel, automobiles, textiles, dyes, chemicals, and plastics, which support other essential sectors. "In addition to the existing 50 per cent allocation, an additional 20 per cent is now proposed, that would bring the total commercial LPG allocation to 70 per cent of the pre-crisis level of the packed non-domestic LPG," he wrote.

West Asia Crisis: How to manage your money wisely during economic uncertainty

The ongoing tensions in West Asia are increasing crude oil prices and putting pressure on supply chains and household expenses in India.

Shift away from oil-based fuel to electricity: MHI tells auto sector

Ministry advises automakers to cut oil-based fuel use, optimise production and explore alternatives amid supply constraints triggered by West Asia conflict

Telangana govt, dealers dismiss fuel shortage rumours amid panic buying

The Telangana government on Wednesday debunked claims of a fuel shortage and advised the public to ignore the rumours that have triggered panic buying across the state. As motorists began rushing to fuel stations in Hyderabad amid rumours of shortage since Tuesday evening, the Telangana Petroleum Dealers Association reassured the public that there is adequate stock available with HPCL, IOCL and BPCL, and the supply chains are functioning normally. To address the situation, Telangana Chief Minister A Revanth Reddy will hold a review meeting here on Wednesday with officials on petrol, LPG cylinders and urea stocks, an official release said. After many fuel stations were overcrowded across Hyderabad, motorists were advised not to store fuel in large containers unnecessarily. "As many as 1,500 petrol, diesel tankers were dispatched to fuel stations on Tuesday alone. Around 20,000 kilo liters of petrol is available," Civil Supplies Department Commissioner M Stephen Raveendra said in a .

Rise in industrial diesel price hits sugar mills and mining sector

Sharp rise in industrial diesel prices raises transport and input costs, putting pressure on sugar mills' cash flows and mining operations across sectors

India's crude supply secure, LPG production increased: Hardeep Puri | West Asia war | LPG crisis

Union Petroleum and Natural Gas Minister Hardeep Singh Puri told Parliament on Thursday that India is not facing any shortage of crude oil or LPG, even as tensions in West Asia