The world is facing a severe diesel shortage as the US-Iran and Russia-Ukraine wars disrupt crude supplies, refinery operations and global trade. Diesel prices have hit record highs, with US retail prices crossing $6 a gallon, up from about $3.50 at the start of the year.
The Iran war has severely impacted global oil refining, causing diesel and gasoline prices to remain elevated. Refined product prices have surged significantly, unlike crude oil benchmarks
Mumbai: Czech auto major Skoda Auto on Tuesday announced its re-entry into the diesel segment in the Indian market after a five-year hiatus, unveiling its premium executive sedan, the all-new Superb.Besides this, the company also unveiled its new Slavia, and a
Despite a rise in raw material, packaging, and diesel costs during the April-June quarter, driven in part by higher crude prices and geopolitical tensions, new-age consumer and logistics firms have largely managed to contain the impact on their Q1 margins.For
The Himachal Pradesh government has imposed a new cess on fuel. This levy of sixty paise per litre applies to petrol and diesel