The US House of Representatives has passed legislation to prohibit fuel price gouging.

As the party tries to quell public outrage over high pump prices, Democrats in the US House of Representatives have advanced a bill making it illegal for firms to charge "unconscionably excessive" fuel prices.

The bill passed today with a vote of 217-207, giving Democrats a ch...

The Australian government celebrates high fossil fuel prices by shipping coal to Ukraine

The Russian invasion of Ukraine continues to send shockwaves through global energy markets, bringing oil, gas, and coal prices to near all-time highs, but Australia's government has done little to conceal its delight at the enhanced revenues due to be reaped by Australia's fossil fuel bus...

Russia-Ukraine Conflict to Increase Fuel Prices Even Further

Last Wednesday, the US announced that it would be deploying around three thousand troops in Eastern Europe amid the Russia-Ukraine conflict.

The escalating tensions between Russia, Europe, and the US have added to the concerns about increasing food and energy prices around the world, wh...

S. KOREAN AIRLINES TO RAISE FUEL SURCHARGES FROM JUNE

Highlights –

• S. Korean airlines to raise fuel surcharges from June.
• The amount will be raised specifically for international routes.
• One-way tickets on international routes surcharge will range from 3,600 won to 20,400 won.

PETROL PRICES INCREASE IN NCR

HIGHLIGHTS

• Hitting a new high, the petrol prices in NCR have hit at ? 85.45 per liter.
• OMCs have increased petrol and diesel prices by 25 paise per liter.

With Indian oil marketing companies (OMCs) increasing the price of petrol and ...

DELHI: FUEL PRICES SKY HIGH, PETROL NOW AT RS 80 PER LITRE

Highlights

• According to the chairman of Indian Oil Corp (IOC), Sanjiv Singh the Delhi state government has increased VAT on petrol from 27 percent to 30 and on diesel from 16.75 percent to 30 percent

• The opposition parties are continuously attacking the Central G...

Protests in Iran against the increase in fuel prices are a sign of further turmoil.

Even among the hard-liners in Iran, there seems to be recognition of one fact after widespread protests, violence and a crackdown on security forces following the spike in government price of gas.

As Iran strives to crush the US sanctions as a result of the unilateral withdrawal of Amer...