Petrol degrades in just three to six months, while diesel lasts up to a year. After 20 years, fuel turns into a highly corrosive sludge or sticky varnish. Attempting to use it will completely destroy a vehicle's engine. Read more below.


Can you use 20-year-old fuel?

India has increased petrol and diesel prices by ₹3 per litre, marking the first nationwide fuel price hike in four years. The move comes amid rising global energy tensions and volatile crude oil markets linked to ongoing geopolitical conflicts. The increase is expected to impact transportation costs, inflation, and household budgets across the country, while the government says the revision reflects changing international energy conditions and supply pressures.


India Raises Fuel Prices By ₹3 First Time In 4 Years

For the first time in four years, Indians will pay more at the pump, starting on Friday.
The hike in fuel prices will be felt in every kitchen, every commute, and every corner of the economy.

Petrol, Diesel Costs Rise Across India 

Bolivia is facing a worsening diesel shortage, with long queues forming outside fuel stations across the country.

The fuel crisis is disrupting transport and supply chains, raising concerns over economic stability and daily life. Authorities are under pressure to address shortages as demand continues to outpace supply.

Bolivia Runs Low On Diesel 

Fuel prices do not fall as quickly as they rise. Even if tensions in West Asia ease and supply routes reopen, consumers may not see immediate relief at the pump.

Oil markets respond to supply shocks rapidly, but retail fuel prices adjust more slowly due to refining, transport costs and pricing mechanisms. This lag means falling crude prices do not instantly translate into cheaper petrol or diesel.

The result is a familiar pattern where prices rise like rockets but fall like feathers.

US-Iran War: Why Gas Prices May Remain High After Conflict? | World Business Watch

The global energy crunch is deepening as disruptions around the Strait of Hormuz, a key route for nearly a fifth of global oil and gas trade, tighten fuel supplies and push prices higher.

From Asia to Europe, governments are being forced into tough decisions, cutting energy use, tapping reserves, and trying to shield consumers as shortages begin to impact businesses and industries.

The crisis is unfolding beyond the region, with concerns growing over wider economic fallout and prolonged supply stress.

US-Iran War: Global Energy Crunch Deepens | World Business Watch

Petrol never fully freezes but thickens at -40°C to -60°C. Diesel struggles much sooner, turning cloudy at 32°F and gelling at 10-15°F when wax hardens and blocks filters. Winter additives prevent gelling, and mixing kerosene helps diesel keep flowing even in -40°C cold.

Does petrol freeze in extremely cold temperatures?

Not diesel but water 19 vehicles in MP chief ministers convoy towed after fuel fiasco WATCH

Not diesel but water! 19 vehicles in MP chief minister's convoy towed after fuel fiasco-WATCH

India news | Business & economy | Trending | According to the notification issued by the Department of Revenue, Ministry of Finance, the changes will come into force on Tuesday (Apr 8).

Petrol, diesel prices to go up? Indian govt raises excise duty. Here’s how it will affect your pocket

Road transport accounts for 15% of greenhouse gas emissions. This makes it unlikely that the world can attain net zero climate goals without people giving up their petrol and diesel vehicles. This year, the EV transition is wobbling. Take a look at this report to understand why...

Electric Vehicle Sales Are Stumbling. Can People Give Up Their Cars?

Petrol and diesel prices in India could be reduced as global crude prices drop, but the situation remains uncertain due to ongoing volatility. A top oil ministry official stated that it’s difficult to predict whether rates will be cut before the Maharashtra elections, leaving consumers in suspense.

Indians See No Relief At The Pump Despite Falling Crude Oil Prices

India has unveiled plans to transition a third of its heavy-duty long-haul trucking fleet from diesel to liquefied natural gas (LNG) within the next five to seven years.

India's Federal Oil Ministry proposes shift to LNG for heavy-duty trucking

The automotive landscape in India is undergoing a significant transformation, with diesel cars facing an uncertain future. The upcoming implementation of Bharat Stage 7 or bs7 emission norms raises the question: is it the end of the road for diesel cars in India?

BS7 emissions threaten Diesel cars in India

Malaysia is implementing a major shift in its fuel subsidy policy. Diesel prices in peninsular Malaysia will now be set at market rates, ending the government's blanket subsidy program. This reform is expected to save the government about 853 million dollars annually.

Malaysia ends blanket diesel subsidies, shifts to market prices

Get ready for a New Year bonanza. With the general elections due in the first half of 2024, Prime Minister Narendra Modi’s government is working on huge cuts – upwards of Rs 8 per litre -- in the retail prices of petrol and diesel that would be announced before the calendar year ends.

Exclusive: Indian PM to announce massive cuts in petrol, diesel prices before year end

Russia has finally lifted restrictions on petrol exports. This comes after Russia scrapped most restrictions on exports of diesel last month.

Russia lifts petrol export curbs

India's growth story hold promise as it gears for its upcoming festival season. We focus on India's consumption patterns & analyse the impact of growing inflation & supply-related shocks.

India festive frenzy: Diesel demand, aviation takes off in India | World News | WION

Russia has restricted exports of the diesel, which us used for transportation, heating, and industrial activities, as the northern hemisphere winter approaches and global diesel markets become tight. As Moscow's invasion of Ukraine approaches the 20th month, many observers believe the stop to be temporary. However, some view it as another example of Moscow weaponising energy exports.

Russia restricts diesel exports

Will diesel cars become costlier in India? That's the question in everyone's mind after media reports said that the transport minister will propose an additional 10% tax on diesel vehicles. He also warned of even higher levies in the future to force automakers away from diesel burners and cut fuel emissions and pollution.

India seeks to phase out diesel vehicles

After reports emerged Tuesday afternoon (September 12) that the government is planning a 10 per cent GST hike on the sale of diesel vehicles, Union Road Transport Minister Nitin Gadkari issued a clarification denying any concrete plans right now.

No specific proposal as of now for GST hike on diesel vehicles, says Indian minister Nitin Gadkari

To cut emissions across major Indian polluted cities, a government panel has recommended banning diesel-powered four-wheeler vehicles by 2027. A panel formed by the Indian Ministry of Petroleum and Natural Gas wants the government to ban diesel vehicles and switch to electric and gas-fuelled vehicles in cities with more than a million people "By 2030, no city buses should be added which are not electric.

Indian govt asked to ban diesel-powered four wheelers by 2027

India is reviving up its efforts to reduce emissions and ride the EV bus to a net-zero future. A government panel in India has proposed a ban on diesel 4-wheelers by the year 2027 in order to reduce emissions and achieve its 2070 net zero goal.

Mapping India’s EV landscape & progress | WION Climate Tracker

The Indian government has provided some respite to the crude oil industry. The government has slashed windfall gains tax on domestic crude oil to nil from Rs 3,500 per tonne. The government also halved the tax on diesel exports to 50 paise per litre. The levies on the export of aviation turbine fuel (ATF) and petrol continue to be nil.

Why has India slashed the windfall tax on crude oil to zero?

Fuel prices in Pakistan have sky rocketed, the spike in petrol and diesel prices came hours after a mini budget was presented in the Parliament in Pakistan. Petrol hit Rs 272/litre as the prices soar of petrol soar by Rs 22.20.

Financial crisis deepens in Pakistan: Cost of Petrol, Diesel hiked

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