Price of petrol in US jumps by nearly 30 cents in one week amid Strait of Hormuz blockade and Iran diplomatic deadlock.
Electric vehicle sales are surging in many markets as conflict drives up the cost of running petrol and diesel vehicles.
Though the State government and oil marketing companies maintain that there is no scarcity of diesel and petrol, serpentine queues have become a common sight at outlets in Rajahmundry, Eluru, Vijayawada, Tirupati, Guntur, Kakinada, and Kurnool
Addressing the media on the fuel stocks and related issues, A.Siri says that a total of 166 petrol bunks are currently operational in the district
The driver of a Singapore-registered car has been arrested in Johor for allegedly pumping subsidised Malaysian petrol, triggering a wave of approval online from Malaysians as the government widens a border crackdown driven by rising fuel costs and fears of subsidy abuse amid a global energy shock. The arrest comes after months of viral shaming posts showing Singapore-registered vehicles allegedly filling up with RON95 in neighbouring Johor, fuelling public anger over the abuse of a subsidy meant...