Latest Fuel Costs News & Updates

New Delhi, May 19 (IANS) BJP and its allies on Tuesday defended the recent hikes in petrol and diesel prices, arguing that despite the global energy crisis triggered by tensions in West Asia, fuel costs in India remain comparatively lower than in many countries.The reactions came after state-run oil marketing companies revised fuel prices for the second time in less than a week amid a sharp rise in international crude oil prices linked to the ongoing conflict in the Gulf region and concerns over…

Washington, April 30 (IANS) President Donald Trump said his administration plans to release additional information related to unidentified flying objects (UFOs), while also projecting confidence in the US economy and investment environment.“We’re going to be releasing a lot of things that we have… I think some of it’s going to be very interesting to people,” Trump told reporters when asked about UFO files.He noted long-standing public interest in the subject. “They want to find out a…

Washington, April 23 (IANS) US Treasury Secretary Scott Bessent defended a temporary sanctions waiver affecting Russian oil, saying it helped prevent a sharper spike in global prices, even as Democrats warned it could boost Moscow’s war finances and keep fuel costs high.Testifying before a Senate panel, Bessent said the move was aimed at stabilising supply during a volatile period.“Treasury was able to create the more than 250 million barrels on the water,” he said.He added that without th…