The conflict with Iran has caused U.S. fuel prices to surge, with diesel reaching over 5.5 dollars per gallon. That is driving up transportation and logistics costs significantly.


US Inflation Pressures Rise on Iran War

Pakistan announces free access to state-run public transport for 30 days, aiming to ease commuting costs for citizens and support economic relief measures. This initiative covers buses, trains, and metro services across major cities, offering temporary financial relief and encouraging public transport use.


Pakistan Authorities Free State-Run Public Transport for 30-Days 

The prices of petrol and diesel were not increased following a 20% hike earlier this month, prompted by global oil supply disruptions triggered by the war. On March 6, the government raised petrol and diesel prices by Rs 55 per litre each as global oil prices surged amid the conflict.

Pakistan hikes levy on high-octane fuel used in luxury vehicles to Rs 300 per litre

Premium petrol prices in India rose up to Rs 2.35 amid Strait of Hormuz disruption and the Iran war, as crude oil surged and global energy supply tightened.

Premium petrol price hike by Rs 2.35 per litre in India amid Iran war – Check fuel rates today

Delivery riders across Pakistan are facing major challenges as fuel prices continue to rise, significantly impacting their daily earnings and livelihoods. Petrol price surges are putting enormous strain on delivery workers who rely on motorcycles and scooters for income, making it difficult to sustain operations.


Pakistan Riders Struggle as Fuel Costs Soar | Delivery Workers in Crisis

The rise in prices tempered some concerns about supply additions; however, analysts expect near-term profits to be limited by a soft demand outlook. 

Will car fuel get more expensive? Oil prices surge after OPEC+ announces modest production

France to permit sale of fuel below cost to combat inflation

In some areas of India, the cost of tomatoes has increased by 445%. In a country where potatoes, tomatoes and onions are staples, when vegetable prices surpass the cost of gasoline, eyebrows are bound to be raised. Why have tomato prices sky-rocketed in India? Molly Gambhir tells you more.

Gravitas:  Tomatoes more expensive than gasoline in India | What fuelled this surge?

Oil prices have jumped after reports said that OPEC+ is considering a cut to output this week. Meanwhile, Asian shares trade mix today as the holiday-heavy week gets underway.

World Business Watch: Oil prices climb, Asian shares mixed as holiday-heavy week gets underway

Indonesia has raised subsidised fuel prices by 30% on Saturday. Meanwhile President Joko Widodo said the decision to increase the fuel prices was his last option as the country’s energy subsidy had tripled this year.

Indonesia hikes fuel prices by 30%, President Widodo claims it was govt's last option

Indonesia raises fuel prices, cuts energy subsidies

Amid rising global fuel prices, European travelers were seen stopping at the largest petrol station in Luxembourg. Thousands formed long queues at a shell station to get fuel at marginally cheaper prizes.

WION Fineprint: Travellers queue up at Europe's busiest petrol station

Angry Argentine truck drivers stage protest against shortages and rising fuel prices, just as the country's crucial grains harvest requires transport amid surging inflation.

Argentina: Truck drivers protest against surging fuel prices

Ecuadorean indigenous groups held a meeting with government on Monday in an effort to secure a deal on demands for deeper cuts to gasoline prices and tighter limits on oil and mining development after two weeks of protests.

Ecuador Protests: Indigenous leaders meet with govt to hammer out fuel price deal

Russia has further cut off gas supplies to Europe, after state energy giant Gazprom turned off its taps for some companies in Denmark and Germany citing payment failures for previously made gas deliveries.

Russia halts gas supply to Netherland, Germany, Denmark

Pakistani Finance Minister Miftah Ismail announced that the government has decided to increase petrol and diesel prices by 30 Pakistani Rupees per litre. He said that the decision was taken to ensure the revival of the IMF program.

Pakistan govt raises fuel price by 30 PKR per litre in a bid to revive IMF program

As Pakistan capital remains tense after the PTI March, the opposition has got new arsenal against the Shehbaz Sharif government after petrol and diesel prices hiked by 30 Pakistani Rupees per litre.

Pakistan fuel rates hike by 30 PKR per litre, Shehbaz Sharif govt buckles under IMF pressure

India: Petrol costs Rs 100, pocket pinch leads to meme outbursts

Oil prices soared nearly $2 per barrel on Friday as Russia’s invasion of Ukraine continued to inflame global supply concerns. The attack on Ukraine caused prices to surge to more than $100 a barrel for the first time since 2014 on Thursday.

Oil prices surge 2% to $101/barrel as Russian invasion of Ukraine rings supply alarm bells

Pakistan government on Tuesday announced the Rs12.03 hike in fuel prices, and with this, the prices of petroleum have reached a historic high in the country.

Pakistan increases petrol prices by Rs12.03 per litre

Pakistan's Prime Minister Imran Khan has admitted that commodity and fuel prices have skyrocketed in the nation, stating that the inflation issue keeps him awake at night.

Inflation keeps Pakistan PM Imran Khan awake at night

Sri Lanka has given the green light to a fuel price stabilisation fund. The move is aimed at cooling down the fuel prices in the country. WION tells you more.

Sri Lanka introduces new fuel price stabilisation fund

Residents of Kabul are worried about finding fuel this winter and are struggling to buy wood to keep their houses warm due to the rising prices. WION brings you a ground report from Afghanistan's capital city.

Kabul's wood crisis in winters: A WION ground report

Fuel rates soar for fourth consecutive day in India, petrol in Madhya Pradesh retailing highest

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