Latest news and articles about الوقود from NEX English
Reliance Industries has announced a cap on fuel purchases in its stores, allowing customers to buy only about $11 worth of gasoline or diesel. This decision comes as the Middle East crisis continues to impact fuel supplies despite a temporary ceasefire.
The ongoing war in Iran has led to a significant increase in global oil prices, greatly affecting fuel prices at French service stations. The French government has stated that it is too early to discuss any new aid for affected citizens.
Economist Jeffrey Sio argues that reducing fuel taxes is generally an ineffective approach. He emphasizes the importance of maintaining price signals to encourage consumers to use energy more efficiently.
A government official announced that Indian refining companies have decided to delay maintenance operations on their units to meet the rising fuel demand in the local market. This decision comes amid a notable increase in fuel consumption in the country.
Starting April 6, the government of Mataram, Indonesia, has implemented a new policy requiring local officials to use bicycles for transportation. This initiative aims to enhance fuel efficiency and reduce public expenses.
South Africa has experienced an unprecedented rise in diesel prices, surpassing record levels even after the government's decision to reduce fuel taxes. This surge raises concerns among citizens and adds economic pressure on households and businesses.
The Australian Parliament has recently passed legislation allowing the Export Credit Agency to purchase, store, and sell fuel and rare minerals. This decision comes amid a significant energy shortage in the country, partly attributed to escalating crises in the Middle East.
Jordan's Minister of Energy and Mineral Resources, Saleh Al-Kharabsheh, confirmed that there is no intention to raise electricity prices at this time. He emphasized the ongoing monitoring of fuel price differences to ensure price stability.
Airlines are facing significant challenges as fuel prices soar due to ongoing conflicts in the Middle East, leading to increased ticket prices and reduced flight availability. Experts predict that these elevated prices will persist for an extended period, even if the conflict subsides.
Germany has witnessed a record surge in diesel prices, with the average cost reaching €2.391 per liter, marking a historic high. This increase follows the implementation of new regulations aimed at controlling fuel prices.
Russia has issued a warning about potential fuel shortages at European stations by the end of April due to the closure of the Strait of Hormuz. The country urged European nations to prepare for the implications of this crisis, especially with the last shipment expected to arrive on April 11.
In a rare national address, Australian Prime Minister <strong>Anthony Albanese</strong> called on citizens to reduce fuel consumption by using public transport, warning of potential tough times ahead.
Residents of the UAE are experiencing wait times of up to one hour at fuel stations as they rush to fill their vehicles. This surge in demand comes amid expectations of rising fuel prices.
The Cuban Foreign Ministry announced the arrival of a fuel shipment from Russia, providing crucial support as the country grapples with severe energy shortages exacerbated by the U.S. embargo.
Qatar Energy announced the fuel prices for April 2024, revealing a slight increase in the price of super gasoline compared to March. This change reflects ongoing fluctuations in global energy prices.
Iranian Oil Minister <strong>Javad Owji</strong> firmly denied any fuel shortage in the country, asserting that local production is stable and meets market needs. These statements come as Iran faces increasing economic pressures.
Iran's Oil Minister, Mohsen Paknejad, stated that the country will not face any fuel shortages despite recent military and political escalations from the US and Israel. This assurance comes amid rising tensions in the region.
The Indonesian Ministry of Energy and Mineral Resources announced sufficient supplies of fuel and liquefied gas in Lampung during the Eid al-Fitr return period. This assurance followed an inspection tour of ports and fuel stations, confirming no shortages in supplies.
Ukrainian President Volodymyr Zelensky stated that the country needs approximately <strong>700,000 tons</strong> of fuel each month to meet its military needs. This announcement came during his recent tour in the Gulf, where Ukraine secured essential diesel supplies for its military operations.
Fathul Nugroho, a member of Indonesia's oil and gas regulatory committee, announced plans to increase the capacity of the Bangkalan Integrated Terminal to <strong>64,000 kiloliters</strong>. This initiative aims to bolster fuel reserves following the Ramadan and Eid al-Fitr period.
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.
Jordanian markets are experiencing an unprecedented rush for essential goods and fuel, reflecting citizens' anxiety over rising prices and the deteriorating economic situation. This surge follows the government's announcement of price hikes for basic commodities.
The Philippine Transportation Secretary announced that the government is ready to assist airlines in securing aviation fuel amid a global oil shortage caused by the ongoing conflict in Iran, which threatens air travel significantly.
The Syrian Petroleum Company has announced a decision allowing fuel station owners to pay for petroleum derivatives in Syrian pounds. This move aims to stabilize the fuel market and alleviate financial burdens on the stations amid ongoing economic challenges in the country.
A recent Reuters/Ipsos poll indicates a significant drop in U.S. President Donald Trump's popularity, attributed to rising fuel prices and growing public opposition to a war with Iran. His approval rating has fallen to its lowest since returning to the White House.
Iraqi Oil Minister Hayan Abdul-Ghani confirmed that national refineries are operating at full capacity to meet all local market needs, despite current export challenges. This assurance was made during a cabinet meeting chaired by Prime Minister Mohammed Shia' al-Sudani.
China's largest oil refinery, Sinopec, has announced its intention to prioritize securing domestic fuel supplies as tensions escalate in the Middle East. This decision comes amid growing concerns over the ongoing regional conflict and its potential impact on energy markets.
Chinese company Sinopec announced a sharper than expected decline in profits for 2025 due to weak fuel demand and oversupply in the chemical market. This downturn reflects a shift in global economic trends affecting the company’s profitability.