Category
crude oil prices

India Unlikely to Boost Iranian Oil Purchases Under US Waiver

 Indian refiners are unlikely to surge Iranian crude imports despite a 60-day US sanctions waiver, citing pre-booked Russian supply and short timelines.  
Business 
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Trump Denies US Missile Struck Iran School Killing 175 Students

US President Donald Trump rejected claims of American involvement in the February missile attack on Minab Girls School in Iran that killed over 175. He cited lack of evidence amid ongoing diplomatic efforts.
International  Special News 
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Gold, Silver Prices Crash; Telegram Back on Play Store

Silver drops ₹5,448 & Gold slides to ₹1.42 lakh. Telegram services resume in India after NEET ban. Brent crude falls below $75 on US-Iran talks.  
Business 
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US strikes Iran after helicopter downing, Tehran retaliates

US forces hit Iranian targets after Apache helicopter downing as Iran strikes US bases in Bahrain and Jordan. Oil prices rise. Gulf air defences activated.  
International  Special News 
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US Says Iran Deal Still Possible After Bandar Abbas Strikes

US Secretary of State Marco Rubio says diplomatic breakthrough with Iran remains possible within days, even as American strikes target missile sites near Strait of Hormuz.  
International  Special News 
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Petrol, Diesel Prices Rise Again as Fuel Costs Surge Nationwide

Petrol becomes costlier by 87 paise and diesel by 91 paise as oil companies hike rates for third time within nine days
States  Madhya Pradesh 
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Indian Markets Open Cautious: Nifty at 23,450, Rupee Record Low

Sensex crashes 500 points, Nifty slides to 23,450 as rupee hits all-time low of 96.90. FIIs sell ₹2,458 crore; oil above $110. Global cues weak.  
Business 
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Petrol And Diesel Prices Rise Again By 90 Paise Per Litre

Fuel prices increased for the second time within five days as Chhindwara imposed sales limits and Ujjain religious event promoted fuel conservation.
States  Madhya Pradesh 
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Pakistan Petrol Price Cut by PKR 5 Per Litre from May 16

Pakistan reduces petrol and diesel prices by PKR 5 per litre effective May 16. Petrol at PKR 409.78, diesel at PKR 409.58 after weeks of sharp hikes.
International  Business 
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Windfall Tax on Petrol Exports Imposed; Duties on Diesel, ATF Cut

The Indian government has imposed a ₹3 per litre windfall tax on petrol exports while reducing duties on diesel and jet fuel exports effective May 16. The move aims to ensure domestic fuel supply amid high global crude prices due to West Asia tensions. No impact on retail pump prices.
Business 
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Petrol Reaches Rs 103.58 in Raipur Amid Panic Buying Rush

Long queues were seen outside fuel stations in Raipur after petrol and diesel prices increased by Rs 3 per litre across the country.
States  Chhattisgarh 
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Petrol, Diesel Prices Hiked by Rs 3 Per Litre Across MP

Fuel prices increased sharply across Madhya Pradesh from Friday morning after a rise in global crude oil rates linked to the Iran-US-Israel conflict.
States  Madhya Pradesh 
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