Topic
Fuel Prices
60 stories related to this topic, newest first.
New York Postpolitics2 days ago
California Legalized E15 Gasoline Nearly a Year Ago, No Stations Sell It Yet
Statewide average price reached $5.61 per gallon on June 19. Regulators have not completed required certifications for the 15% ethanol blend.
winnipegfreepress.comworld7 days ago
Kenya to Review Fuel Prices on Sunday
Motorists and businesses await the June-July fuel price announcement after last month's diesel and petrol increases. Officials had pledged relief measures following transport sector protests.
The Sydney Morning Heraldpolitics9 days ago
Australia Prepares for Petrol Demand Spike as Fuel Excise Cut Ends
Fuel suppliers and the federal government are preparing for a surge in demand before a 32-cent-per-litre excise discount expires at the end of the month. The temporary cut was introduced in April after fuel prices rose following the closure of the Strait of Hormuz.
winnipegfreepress.compolitics10 days ago
Indonesian Students Protest Fuel Price Rise and State Spending
Hundreds of students marched in Jakarta on Friday against higher fuel prices and a government free-meals program. Demonstrators said the measures risk bankrupting the country and cited recent mass poisonings and corruption allegations.
al-monitor.comworld11 days ago
AirAsia X Delays Bahrain–London Route Launch by at Least Two Months Citing Middle East Conflict and Fuel Costs
The Malaysian carrier cited Middle East conflict and fuel volatility for postponing the Kuala Lumpur-Bahrain-Gatwick service originally set for June. Passengers will receive refunds or new bookings.
cnbc.comfinance13 days ago
Energy Secretary Wright Meets House Republicans Before Closed-Door Conference
Energy Secretary Wright held a meeting with House Republicans before their closed-door conference. The discussion addressed concerns over current fuel prices ahead of upcoming midterm elections.
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Substrate placeholder — needs reviewfinance15 days ago
U.S. Consumer Spending Holds Steady Despite Higher Fuel Prices
Americans continue to spend but are buying less gasoline per trip and fewer non-grocery goods. Warehouse clubs report more fuel visits while convenience stores and apparel retailers see declines.
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swissinfo.chbusiness18 days ago
U.S. Airlines Suspend Select Routes as Jet Fuel Prices Rise
Several carriers have announced temporary cuts to domestic and international flights. The reductions follow a reported doubling of jet fuel prices linked to the Iran conflict.
themarketherald.com.aubusiness22 days ago
Australian Diesel Prices Hold Above $2 per Litre as Owner-Drivers Manage Rising Fuel Costs
Owner-driver Frank Black returned to work after parking his truck for more than two weeks when fuel costs exceeded revenue. Diesel rose from about $1.80 to a peak of $3.20 a litre in April.
Bloombergfinance24 days ago
Kenyan Inflation Reaches More Than Two-Year High in May
Kenyan inflation rose to its highest level in more than two years during May. The increase followed a sharp rise in local fuel prices linked to the Iran conflict.
finance.yahoo.comfinance24 days ago
Costco Reports Record Gas Sales in Fiscal Third Quarter
Costco recorded its highest-ever weekly gas volumes in the final five weeks of its fiscal third quarter. The retailer also reported net sales above Wall Street expectations and began filing tariff refund claims.
financialpost.comfinance27 days ago
India Lowers 2026 Fuel Demand Growth Forecast by 40 Percent
Kpler revised India's refined-products demand growth to 77,000 barrels per day for the current year. The reduction follows higher crude import costs, a weaker rupee, and government conservation steps. State retailers have raised pump prices by more than 7.5 rupees per litre.
businessreport.comworld28 days ago
Millions Expected to Travel Over 50 Miles for Memorial Day Weekend
Gas prices have risen ahead of the holiday. Projections show many Americans will still drive long distances. Financial pressures limit travel for others.
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thehindubusinessline.comfinance28 days ago
India State Fuel Retailers Report Daily Losses Near 6 Billion Rupees
A government official stated that state-owned fuel retailers continue to lose slightly less than 6 billion rupees per day even after recent price increases. The figure reflects the gap between regulated retail prices and the cost of imported crude and refined products.
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Al Jazeeraworld28 days ago
Pakistan Livestock Traders Report Lower Sales Ahead of Eid al-Adha
Traders at one of Islamabad’s largest cattle markets said rising fuel prices linked to regional tensions have increased transport and feed costs. Higher animal prices have reduced buyer demand in the weeks before Eid al-Adha.
Fox Newsfinance5 days ago
National Average Gas Price Nears Record High Ahead of Memorial Day
Gasoline prices across the United States are approaching historic levels as the Memorial Day weekend begins. AAA projects more than 39 million people will travel by car despite the elevated costs.
finance30 days ago
Alaska Airlines Starts Seattle-to-London Flights
Alaska Airlines began its new Seattle-to-London service on Thursday while most carriers absorb only part of higher fuel expenses. The airline is expanding transatlantic routes to attract premium passengers.
winnipegfreepress.comworld31 days ago
Kenya Public Transport Federation Ends Nationwide Fuel Strike After State House Meeting
The Federation of Public Transport Sector called off a fuel strike on Friday after meeting with President William Ruto. The group said the government agreed to address insurance claims, auctioneering practices, and fuel costs.
winnipegfreepress.comscience31 days ago
U.S. EV Sales Fell in April While Hybrid Sales Rose
Sales of new electric vehicles declined in April even as gasoline prices increased. Hybrid vehicle sales rose during the same period. Data from two research firms showed different rates of decline for EVs.
nationalpost.compolitics31 days ago
California Bill Advances to Ease Rules on Ethanol Fuel Conversion Kits
California lawmakers approved a bill that would exempt E85 conversion kit makers from state emissions certification. The measure heads to the Senate and requires the governor's signature to become law.
Semaforworld31 days ago
U.S. Retailers Report Weaker Sales Outlook as Fuel Prices Rise
Walmart and Target executives described declining consumer spending and lower fuel purchases. The reports come as fuel prices rise during the Iran conflict.
rte.iefinance32 days ago
UK Allows Some Russian-Origin Fuel Imports to Address Shortages
The UK government will continue permitting diesel and jet fuel refined from Russian crude in third countries. Officials also plan to extend a 5p fuel duty cut beyond September amid rising prices.
videogameschronicle.comfinance32 days ago
Walmart Says It Will Use Tariff Refunds to Lower Prices
Walmart executives stated on Thursday that the company may direct tariff refunds toward price reductions. They also noted that rising fuel costs are affecting customer spending patterns.
bstrategyhub.combusiness32 days ago
Walmart, Target and TJX report higher sales as fuel costs rise
Walmart, Target and TJX reported sales growth in recent quarters. The results came as higher fuel prices increased costs for many goods.
world5 days ago
Cattle Markets Open in Depok Ahead of Eid al-Adha
Cattle markets have opened in Depok, Indonesia, ahead of Eid al-Adha. Sellers report fewer customers as fuel prices rise and the rupiah reaches record lows.
rigzone.compolitics33 days ago
UK Extends Fuel Duty Freeze Until End of 2026
Prime Minister Keir Starmer announced the extension of the fuel duty freeze and additional cuts for farmers and hauliers. The measures respond to rising fuel prices linked to conflict in the Middle East.
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manilatimes.networld33 days ago
Kenya Suspends Nationwide Transport Strike After Fuel Protests
Kenyan transport operators suspended a nationwide strike over fuel price increases for one week. Four people were killed and more than 700 arrested during related protests.
The Independentworld33 days ago
Survey: 29 Percent of London Drivers Consider Cycling as Fuel Prices Rise
A poll of 1,000 London adults shows 28 percent of drivers cycling more or planning to switch due to higher petrol and diesel prices. The increase follows restrictions on tanker traffic through the Strait of Hormuz that began on 28 February.
newser.comworld33 days ago
Oregon Voters Reject Gas Tax Increase
Oregon voters rejected a gas tax increase passed last year by Democratic lawmakers. The measure was referred to voters by Republicans during a period of higher fuel prices linked to the war with Iran.
ecns.cnworld34 days ago
Kenya Suspends Nationwide Fuel Strike for One Week
Kenyan officials and transport sector representatives agreed to suspend a nationwide fuel strike for one week. The pause follows negotiations over rising diesel prices that had disrupted public transport services.
Newsweekworld34 days ago
Rising Fuel Prices Prompt Shift Toward Electric Vehicles in U.S. and Europe
New car buyers in the U.S. and Europe are showing increased interest in alternative fuel vehicles as gasoline and diesel prices rise amid the ongoing conflict in Iran. HSBC Bank analysts noted that prolonged supply disruptions could accelerate electric vehicle sales.
france24.comworld34 days ago
Four Killed in Kenya Protests Over Record Fuel Price Rise
Four people died and at least 30 were injured Monday during nationwide protests against a sharp increase in fuel prices. Interior Cabinet Secretary Kipchumba Murkomen reported 348 arrests as transport operators staged a coordinated strike that stranded commuters across the countr…
Al Jazeeraworld35 days ago
Kenya Fuel Price Protests Turn Deadly in Kiambu and Nakuru
At least two people were killed during protests in Kenya sparked by record fuel price increases. Transport workers blocked roads and clashed with police in multiple towns.
Fortunefinance35 days ago
Kenya Fuel Prices Reach Record Highs as Protests and Strike Begin
Fuel prices in Kenya hit record levels on Friday. Protests and a public transport strike began Monday in Nairobi over the increases.
ecns.cnworld35 days ago
Kenya Deploys Security Forces After Protests Disrupt Transport in Nairobi Area
Security teams were sent to sections of Thika Road and Kiambu County on Monday following reports of vandalism and road blockades during a nationwide public service vehicle strike. The action came after protesters lit tires and damaged vehicles along the Thika Superhighway corrido…
france24.comworld35 days ago
Nairobi Fuel Protest Leads to Vehicle Burning and Highway Clashes
Protesters and police clashed on Thika Road Monday morning after a nationwide transport strike began over recent fuel price increases. A private vehicle was set on fire and others were damaged during the unrest.
bbc.co.ukworld35 days ago
Kenya Transport Operators Strike Nationwide Over Record Fuel Prices
Public transport operators across Kenya launched a nationwide strike to protest sharp increases in fuel prices. Key roads in Nairobi stayed largely empty and some schools directed students to remain at home.
digiday.comfinance35 days ago
U.S. Consumers Spent $41.7 Billion Extra on Fuel Since Iran Conflict Began
Americans have paid an estimated $41.7 billion more for gasoline and diesel since late February. National average prices rose more than 51 percent for gasoline and nearly 54 percent for diesel.
citizen.co.zaworld38 days ago
Matatu Operators Plan Up to 50% Fare Hike Following Fuel Price Increase
Operators in Nairobi said the latest fuel price adjustment has made operations unsustainable, citing sharp increases in diesel and petrol prices. They threatened to withdraw services nationwide from Monday unless the government intervenes with action or subsidies. The announcemen…
upi.comworld38 days ago
South Korea Reports Record Exports Despite Middle East Conflict, Government Prepares Growth Strategy
Finance Minister Koo Yun-cheol said prolonged fighting is now visibly affecting the real economy and livelihoods even as the country posts record exports and stock indexes. He presided over separate meetings on economic and real estate policy in Seoul on May 15, 2026. The governm…
rte.ieworld39 days ago
EPRA to Announce May Fuel Prices as Global Oil Costs Rise
The Energy and Petroleum Regulatory Authority is set to announce its monthly fuel price review on Thursday evening, 14 May 2026, with the current cycle having ended that day. Pump prices in Nairobi exceeded Sh206 per litre for petrol and diesel after one of the steepest increases…
BBC Newsfinance39 days ago
Jet Fuel Prices Rise After Strait of Hormuz Closure as Industry Warns of Higher European Air Fares
Willie Walsh, head of the International Air Transport Association, told the BBC that airlines cannot absorb elevated oil costs, making higher ticket prices unavoidable. The closure of the Strait of Hormuz from the conflict in Iran has driven dramatic price increases, with effects…
naturalnews.compolitics40 days ago
Trump Proposes 90-Day Suspension of Federal Gasoline and Diesel Taxes
President Donald Trump on Monday endorsed a temporary suspension of the federal gasoline tax amid rising fuel costs tied to the war with Iran. Sen. Josh Hawley introduced legislation for a 90-day pause that would affect the 18.4-cent-per-gallon gasoline levy and 24.4-cent diesel…
Semaforworld41 days ago
Airlines Lower Some European Fares as Demand Softens
Airlines have reduced prices on selected flights to Southern Europe after travelers delayed bookings due to concerns over potential jet fuel shortages linked to the Iran conflict. A Financial Times analysis showed lower fares for popular destinations as carriers seek to stimulate…
world42 days ago
Last Middle Eastern Oil Tanker Delivers Final Shipment to California
A supertanker docked in Long Beach and delivered California’s last incoming shipment of Middle Eastern oil. California drivers are paying the nation’s highest fuel prices as the milestone arrives. The delivery marks the end of a long-standing supply chain for the state.
opindia.compolitics43 days ago
Modi Urges Fuel Conservation, Carpooling and Work-from-Home Measures
Indian Prime Minister Narendra Modi on May 10, 2026, called on citizens and businesses to cut petrol and diesel use amid surging global energy prices that are straining the country's foreign exchange reserves. He urged a return to work-from-home arrangements, carpooling and adopt…
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bbc.co.ukworld46 days ago
Tanzania Raises Fuel Prices in Dar es Salaam, Introduces Targeted Diesel Subsidy
The government introduced a subsidy of 259/- per litre on diesel effective May 6, 2026, as EWURA set new retail prices at 4,115/- for petrol and 4,248/- for diesel in Dar es Salaam. The increases stem from a February 2026 conflict involving the United States, Israel and Iran that…
Euronewsbusiness45 days ago
EU Bars Airlines From Adding Fuel Surcharges After Ticket Purchase
The European Commission ruled that airlines cannot add fuel surcharges to tickets already sold in the EU, even as jet fuel prices have more than doubled since the Iran conflict began in February. The guidance follows Spanish carrier Volotea applying such fees of up to €14.
Al Jazeeraworld46 days ago
ASEAN Leaders Hold Summit in Philippines
Leaders of the ASEAN bloc began meetings in Cebu on May 7, 2026, with conflicts in the Middle East expected to overshadow discussions. Residents near the venue cited soaring fuel prices and living costs as their primary concerns. Officials described the current period as a “stres…
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upi.comfinance46 days ago
Corporate Earnings Exceed Expectations
U.S. companies reported strong first-quarter results with 84% of S&P 500 firms topping estimates, the highest rate in years. Sectors across the board showed year-over-year earnings growth for the first time in four years even as jet fuel costs rose sharply from the Iran conflict.
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Nbc Newsworld48 days ago
Spirit Airlines Files for Bankruptcy After Ceasing Operations, Citing Fuel Cost Increases
Spirit Airlines ceased operations immediately on Saturday, stranding thousands of passengers and employees. A bankruptcy hearing on Tuesday revealed the shutdown stemmed from soaring fuel costs due to the U.S.-Israel war with Iran. The airline apologized to the public and warned…
Cnbcfinance48 days ago
Grab CFO Says Fuel Prices Unaffected Demand Amid Q1 Revenue Growth
Grab's chief financial officer stated that rising fuel prices linked to the Iran conflict have not impacted demand. The company reported a 24% increase in first-quarter results. Grab plans to launch new banking products and aims to break even in its financial services by year-end…
orlandoweekly.comworld48 days ago
Southwest Pilots Honor Retiring Spirit Captain with On-the-Spot Celebration After Flight Cancellation
A retiring Spirit Airlines pilot received an unexpected celebration from Southwest Airlines after his final flight was canceled due to the carrier's sudden collapse. Captain Jon Jackson, flying home with his son, was honored with cheers, champagne and a water cannon salute upon l…
thesouthafrican.comworld49 days ago
South Africa Increases Petrol and Diesel Prices Starting Wednesday
The Department of Petroleum and Mineral Resources announced increases in fuel prices effective from Wednesday. Petrol prices will rise by R3.27 per litre, while diesel will increase by R6.19 per litre. The adjustments follow rises in international crude oil and product prices ami…
pravdareport.comfinance48 days ago
Strait of Hormuz Closed, Halting Middle East Jet Fuel Exports to Europe
The Strait of Hormuz blockade has disrupted Gulf jet fuel exports, driving prices above $1500 per tonne in Europe and risking shortages. Airlines including Lufthansa and Air France KLM have cut schedules, while UK officials warn of cancellations impacting holidays. Extra U.S. imp…
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BBC Newspolitics50 days agoUpdated
Spirit Airlines Shuts Down Operations
Spirit Airlines ceased operations on Saturday, resulting in thousands of job losses, following the Biden administration's Justice Department blocking its proposed merger with JetBlue. A former Biden advisor questioned the merger rejection's role in the shutdown, while a Democrati…
chasingthedonkey.comworld50 days agoUpdated
Dubrovnik Airport Reports 13% Increase in Easter Visitors
Global instability from the Iran war and surging fuel prices has introduced unpredictability to Croatia's tourism sector, particularly in Dubrovnik. Officials report strong early numbers but express caution for the upcoming summer. Visitor data shows increases over Easter, while…
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nationalobserver.comworld54 days ago
Flight Cancellations and High Fuel Prices Disrupt Travel in China During May Holidays
Flight cancellations and elevated fuel prices are impacting travel across China. Many travelers are opting to stay close to home for the May holidays. Reuters reported these developments amid the holiday period.
thenation.comfinance54 days ago
Logistics Company Keeps Full-Year Revenue Target Amid Iran War Fuel Price Volatility
A major logistics company announced it is holding steady on its full-year revenue projections amid concerns over rising fuel costs. The company cited the ongoing war with Iran as a factor driving fuel market fluctuations that could impact demand. No changes were made to revenue t…
Euronewsfinance55 days agoUpdated
Jet Fuel Prices Double from Middle East Conflict; European Airlines Cancel Flights, Adjust Fares
Jet fuel prices in Europe have risen 105.7% since last year due to the US-Israel war on Iran and the closure of the Strait of Hormuz. Carriers including Transavia, KLM, Turkish Airlines, and Lufthansa are suspending routes and adding surcharges. BP reported first-quarter 2026 pro…