Commercial LPG Supply Restored As Govt Lifts Curbs New Delhi, June 26, 2026: Industrial and commercial LPG users have received relief after the Centre restored non-domestic packed LPG supply to the levels available before the West Asia crisis. The decision comes after the government reviewed fuel availability and found improvement in both domestic LPG production and imported LPG

India-Bound Oil Supertanker Booked At Nearly 9 Times Freight Rate A supertanker heading toward India has been provisionally booked from the Persian Gulf at an unusually high freight rate, highlighting a sharp shortage of available vessels in the region. According to shipbrokers cited in the report, the very-large crude carrier, or VLCC, was booked at 897 Worldscale points, meanin

IAEA Map Reveals Where World’s Nuclear Waste Is Stored The International Atomic Energy Agency has released a new interactive tool showing where the world’s spent nuclear fuel is stored, offering one of the clearest public views yet of the global nuclear waste challenge. According to the IAEA, nuclear power plants worldwide have produced around 448,000 tonnes of spent nuclear

Indian LNG Carrier Disha Crosses Strait Of Hormuz After US-Iran Deal Indian LNG carrier Disha has safely crossed the Strait of Hormuz, becoming the first Indian-flagged LNG vessel to pass through the conflict-hit waterway in more than three months after the US-Iran agreement raised hopes of reopening the crucial shipping route. The vessel, managed by a Shipping Corporation of India-led consortium, is carrying 62,370 metric tonnes of liquefied natural gas

India has exempted petrol blended with 22% to 30% ethanol from central excise duty, giving a major push to the country’s biofuel adoption strategy. The exemption covers higher ethanol fuel blends such as E22, E25 and E30. By reducing the tax burden on these blends, the government aims to make ethanol-rich petrol more attractive for fuel producers, distributors and future consumers while reducing reliance on imported crude oil.   Excise Relief For High-Ethano

Commercial LPG Price Hike Hits Delhi Businesses The price of a 19kg commercial LPG cylinder in Delhi has been increased by ₹42, taking the new rate to ₹3,113.50 from ₹3,071.50. The revised price is effective from June 1 and will mainly affect hotels, restaurants, caterers, cloud kitchens, bakeries, tea stalls and other businesses that use commercial cooking gas every day. Reuters reported that Indian Oil raised the 19kg LPG cylinder price for industrial and co

PM Narendra Modi Urges WFH, Public Transport Use, and Savings Amid Global Crisis Prime Minister Narendra Modi has urged citizens to adopt simple lifestyle changes to help reduce the economic impact of

May 1, 2026 | Global: Jet Fuel Prices Rise 5%, Mark Second Consecutive Monthly Increase International prices of Aviation Turbine Fuel (ATF), commonly known as jet fuel, have risen by around 5%, marking the second consecutive monthly increase. The hike reflects sustained pressure in global energy markets, with oil companies gradually passing on higher costs to international carriers. According to state-owned oil firms, ATF prices for foreign airlines have b

A major fire broke out at the Pachpadra refinery in Rajasthan, just a day before its scheduled inauguration by Narendra Modi. The incident sent thick black smoke billowing into the sky, raising concerns ahead of the high-profile

The United States and Iran appear to be heading toward heightened tensions near the Strait of Hormuz

India has achieved a significant milestone in nuclear technology with the successful criticality of the 500 MWe Prototype Fast Breeder Reactor (PFBR) at Kalpakkam on April 6, 2026. Developed by BHAVINI and

Iran has announced plans to impose a $1-per-barrel toll on oil tankers passing through the Strait of Hormuz, with payments to be made in cryptocurrency. Under the proposed system, vessels will be required to share cargo details electronically, following which authorities will calculate the applicable toll. The payments are expected to be settled in di

In response to concerns over rising fuel prices amid global tensions, the Indian government has announced a significant reduction in excise duties on petrol and diesel. Starting Friday, the excise duty on petrol has been slashed to Rs 3 per litre, while the excise on diesel has been reduced to zero. This move comes after fears that the ongoing US-Israel conflict with Iran could lead to higher fuel prices, especially as global crude prices surged past $100 per barrel. Despite the dut

The LPG tanker Jag Vasant, carrying 47,600 metric tonnes of LPG, arrived at Gujarat's Vadinar port on Thursday after being stranded in the Strait of Hormuz for 23 days due to escalating tensions in the Middle East. The vessel’s delayed arrival brings much-needed relief amid concerns about potential LPG shortages in India. The ongoing geopolitical instability in the region has disrupted shipping routes, leaving several tankers stranded. This delivery, along with a second L

India is accelerating the signing of contracts for crude oil and LPG imports, aiming to diversify its supply sources amidst disruptions caused by the ongoing conflict in the Middle East. The country's need for oil has been rising, with daily imports averaging 5.5 to 6 million barrels. After Russia's oil imports were reduced as part of an agreement with the U.S., India has been exploring new avenues to ensure stable oil supplies, including from Russia, despite the geopolitical tensions.