#fuel-osts
Excise Duty Cut on Petrol and Diesel: Will Fuel Prices Drop?
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
Excise Duty Cut on Petrol and Diesel: Will Fuel Prices Drop?
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
Oil at $150: BlackRock CEO Warns of Potential Economic Fallout
The global economy faces significant risks if oil prices reach $150 per barrel, warns Larry Fink, CEO of BlackRock. In recent days, Brent crude surpassed $110 per barrel, causing a substantial market reaction, and a new report suggests that prices could climb even further, especially if the ongoing U.S.-Iran conflict escalates. Fink emphasized that if oil prices continue to rise, the world would face a major economic shock rather than a gradual adjustment. The impact would be felt a
Oil at $150: BlackRock CEO Warns of Potential Economic Fallout
The global economy faces significant risks if oil prices reach $150 per barrel, warns Larry Fink, CEO of BlackRock. In recent days, Brent crude surpassed $110 per barrel, causing a substantial market reaction, and a new report suggests that prices could climb even further, especially if the ongoing U.S.-Iran conflict escalates. Fink emphasized that if oil prices continue to rise, the world would face a major economic shock rather than a gradual adjustment. The impact would be felt a









