The Malaysian government is considering enhancing security at fuel stations due to rising attempts to smuggle gasoline and diesel. This decision follows a spike in fuel prices and directives for fishermen to collect diesel consumption data.
Thailand's Energy Policy Management Committee has announced a reduction in fuel prices by 2 baht per liter, expected to lower local diesel prices by 2.14 baht per liter by Friday. This decision comes amid rising fuel prices due to the ongoing conflict in the Middle East.
Thailand is pursuing a loan of up to <strong>150 billion baht</strong> to support local fuel prices amid rising global diesel costs. This move follows significant losses recorded by the fuel fund, prompting the government to reduce subsidies.
The Moroccan Ministry of Energy Transition and Sustainable Development announced that the country's diesel stocks are sufficient for <strong>51 days</strong>, and gasoline stocks for <strong>55 days</strong>. This comes as the nation faces increasing pressures due to the Israeli-American war on Iran and rising global energy prices.
Fuel prices, particularly for gasoline and diesel, have seen a significant increase in April, raising concerns among consumers about their budgets. This rise comes at a sensitive time as the cost of living continues to escalate globally.
The Minister of Sabah, Dato Sri Hajiji Noor, confirmed that the gas-based energy supply structure has contributed to the state's stability amid the global energy crisis. However, reliance on diesel remains a concern, especially with rising prices.
Despite the Spanish government's reduction of the VAT on fuel, gasoline and diesel prices remain significantly higher than pre-conflict levels in the Middle East. Gasoline prices have increased by <strong>5%</strong> and diesel by <strong>30%</strong> compared to February.
The Malaysian Ministry of Domestic Trade has confirmed that fuel supplies are sufficient to meet general demand, particularly in Sabah, Sarawak, and Labuan. This assurance comes amid increased demand following the holiday season, with no shortages reported so far.
The government announced a 14% increase in gasoline and diesel prices while keeping kerosene and gas prices stable. This decision aims to address the economic challenges facing the country.
The Fuel Price Monitoring Committee in the UAE announced a significant increase in gasoline and diesel prices for April 2026, with diesel prices jumping by <strong>72.4%</strong>. This adjustment comes amid rising global oil prices.
The United Arab Emirates has announced the gasoline and diesel prices for April 2026, with notable changes in the rates. This announcement is part of the government's efforts to ensure stability in the local market.
The Indian government has announced a reduction in taxes on gasoline and diesel to alleviate economic burdens on citizens as global oil prices rise. This decision comes at a critical time as India faces increasing economic challenges.
Fuel prices in the UK have reached an unprecedented high, with the average price of petrol exceeding 150 pence for the first time since May 2024. This surge is attributed to ongoing conflicts in the Middle East, according to RAC reports.
India's government has announced a reduction in customs duties on gasoline and diesel to protect consumers and curb inflation. This decision comes amid significant fluctuations in global oil markets due to the Iranian conflict.
The Indian government has announced a reduction in special taxes on gasoline and diesel to alleviate economic burdens on citizens. This decision comes in response to soaring global oil prices due to ongoing conflict in Iran.
Petrobras, the largest oil producer in Latin America, is striving to contain energy inflation caused by global military conflicts amid an election year. These measures coincide with government efforts but may lead to a diesel shortage in Brazil.