Pakistan to start a targeted fuel subsidy, according to reports; raises petrol prices to INR 458.40/litre and diesel prices to INR 523.23/litre
Pakistan's introduction of a targeted fuel subsidy indicates a response to rising energy costs, with petrol and diesel prices set significantly higher.
Harold Hamm's Continental Resources is boost oil output as prices soar
[CALENDAR ADDITION] An important statement from the Yemeni Armed Forces will be issued at 2:40 PM EDT/ 7:40PM BST shortly
Pakistan to start a targeted fuel subsidy, according to reports; raises petrol prices to INR 458.40/litre and diesel prices to INR 523.23/litre
EU's Kallas says they must scale up EU's aspides naval mission; cannot afford to lose another critical trade route
Regeneron (REGN) says it expects to be exempt from the Pharma tariffs that it hears are being announced today
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- Announcing subsidy for motorcyclists INR 100/ltr on a 20 litre cap a month.
The subsidy specifically for motorcyclists suggests an attempt to mitigate inflationary pressures on essential transportation needs, which could impact fuel demand and price dynamics in the region. This move might also have implications for broader commodity prices and trading strategies related to energy markets.
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