Australia will halve its fuel excise tax until the end of June to help ease costs for households amid a surge in fuel prices caused by the conflict in the Middle East. Australian Prime Minister Anthony Albanese made the announcement today as the international benchmark for crude oil rose above...
anthony albanese
australia
crude oil prices
economic policy
energy sector
fuel excise tax
fuel prices
government policy
heavy vehicles
international trade
middleeastconflict
public transport
tasmania
transportation
victoria
Canberra, March 30 – Australian Prime Minister Anthony Albanese announced on Monday that the government would halve its fuel sales tax in response to record-high prices.Albanese told reporters in Canberra after meeting with state and territory leaders on Monday morning that the fuel excise...
anthony albanese
australia
australian institute of petroleum
canberra
cost of living
diesel price
fuel excise
fuel security
fuel tax
government policy
jim chalmers
middleeastconflict
regular unleaded fuel
road user charge
trucking industry
Islamabad, March 29 – Pakistan's Foreign Minister on Sunday indicated the possibility of talks between the US and Iran to de-escalate the ongoing conflict, emphasizing that both countries have expressed their "confidence" in Islamabad to facilitate their talks.Ishaq Dar made these remarks...
conflict resolution
egypt
foreign minister ishaq dar
international relations
iran
middleeastconflict
pakistan
pakistan-egypt
pakistan-saudi arabia
pakistan-turkey
regional diplomacy
saudi arabia
strait of hormuz
turkey
united states
us-iran talks
west asia conflict
Islamabad, March 29 Pakistan's Foreign Minister said on Sunday that the country would hold talks between the US and Iran after a meeting with his counterparts from Saudi Arabia, Egypt, and Turkey.Ishaq Dar made these remarks after the Foreign Ministers held consultations on the West Asia...
conflict resolution
diplomacy
egypt
foreign minister
international relations
iran
islamabad
middleeastconflict
muslim ummah
pakistan
regional politics
saudi arabia
turkey
united states
us-iran talks
Seoul, March 29 – South Korean Prime Minister Kim Min-seok vowed on Sunday to take preemptive measures against potential shortages of essential goods, as the Middle East crisis has disrupted global energy markets and driven up energy prices."We are at a critical economic juncture," Kim said...
budgetary response
economic crisis
economic headquarters
emergency situation room
energy markets
energy supply
essential goods
financial assistance
government response
livelihood support
macroeconomic analysis
middleeastconflict
prime minister kim min-seok
south korea
supply chain disruptions
Colombo, March 29 Sri Lankan President Anura Kumara Dissanayake thanked Indian Prime Minister Narendra Modi on Sunday for sending an oil shipment to ease the fuel supply disruptions in the island nation caused by the West Asia conflict.A shipment of 38,000 MT of fuel, comprising 20,000 MT of...
anura kumara dissanayake
colombo
diesel
energy sustainability
fuel quota
fuel supply
hoarding
india
indian oil corporation
lanka ioc
middleeastconflict
narendra modi
oil shipment
petrol
s jaishankar
sri lanka
Jerusalem, March 29 – In a live broadcast update, Israel Defense Forces spokesperson Effie Defrin stated that within a few days, the Israeli military will complete its strikes on all vital components of Iran's military industry."This means that we will destroy most of Iran's military...
Islamabad, March 28. Given its association with the A.Q. Khan network—a global nuclear smuggling chain that supplied enrichment technology to Iran, Libya, and North Korea—Pakistan lacks credibility as a mediator, especially given its reported move to convey the American proposal to Iran and...
a.q. khan network
energy corridors
energy markets
international monetary fund
international relations
iran
mediation
middleeastconflict
nuclear proliferation
pakistan
regional security
riyadh
terrorism
us-iran relations
washington
Mumbai, March 28 Addressing growing public concern amid the Iran–Israel conflict, Maharashtra Chief Minister Devendra Fadnavis on Saturday issued a stern warning against those spreading misinformation about fuel shortages or a potential lockdown, asserting that no such plan exists."There is...
chief ministers
devendra fadnavis
diplomacy
energy security
fuel shortages
government resolution
import portfolio
india
international crises
lockdown
lpg supply
maharashtra
middleeastconflict
misinformation
piped natural gas
Naypyidaw, March 28 – As the conflict in the Middle East heightened maritime instability, Myanmar's long-term strategic significance has become increasingly important in China's security calculus. There are also other strategic chokepoints beyond the Strait of Hormuz, and it is in this context...
bay of bengal
china-myanmar economic corridor
chokepoints
geopolitics
guizhou province
indian ocean
middleeastconflict
military influence
myanmar
rare earth elements
sichuan province
south china sea
strategic significance
us-china relations
yunnan province
Islamabad, March 28 Pakistan is set to host the foreign ministers of Saudi Arabia, Egypt, and Turkey for discussions on a wide range of issues, including efforts to de-escalate tensions in West Asia amid the war in Iran, the Foreign Office said on Saturday.At the invitation of Pakistan's...
badr abdelatty
de-escalation
egypt
faisal bin farhan al saud
foreign ministers
hakan fidan
international relations
iran
ishaq dar
middleeastconflict
pakistan
regional diplomacy
saudi arabia
shehbaz sharif
turkey
Sydney, March 28 The Australian government will guarantee the purchase of essential products affected by the conflict in the Middle East under new fuel security measures announced by Prime Minister Anthony Albanese on Saturday.Albanese and Chris Bowen, the minister for energy, told reporters...
anthony albanese
asean region
australia
australia-malaysia relations
chris bowen
export credit agency
fuel excise
fuel prices
fuel security
fuel stockpiles
fuel supply
government guarantee
import risk mitigation
middleeastconflict
national cabinet meeting
service station shortages
Dhaka, March 27 – Although geographically distant, the ongoing conflict in the Middle East has a direct impact on villages in Bangladesh, where millions of families depend on relatives working in the Gulf region. This has turned regional unrest into a household anxiety, according to a report...
bahrain
bangladesh
construction industry
food prices
gulf region employment
kuwait
middleeastconflict
migrant workers
oil prices
oman
qatar
remittances
saudi arabia
tangail district
transport industry
united arab emirates
Colombo, March 27 A combined shipment of 38,000 metric tonnes of diesel and petrol is scheduled to arrive in Sri Lanka from India on Saturday, according to the Indian High Commission on Friday.The fuel shipment will arrive at the Colombo Harbour following a telephone conversation held on March...
colombo harbour
diesel
energy sustainability
fuel rationing
fuel shipment
government assistance
india
indian oil corporation
international relations
lanka ioc
middleeastconflict
petrol
shipping
sri lanka
strait of hormuz
Mumbai, March 27 – Maharashtra Chief Minister Devendra Fadnavis on Friday praised the Centre's move to reduce excise duty on petrol and diesel, asserting that it would protect Indian consumers from the fallout of the ongoing Middle East conflict.The Chief Minister described the government's...
Mumbai, March 27 Maharashtra Chief Minister Devendra Fadnavis on Friday said the reduction in petrol excise duty will shield consumers from the impact of rising crude prices amid the West Asia conflict, and urged people to avoid panic buying of fuels as it can create an artificial shortage...
New Delhi, March 27 CBIC Chairman Vivek Chaturvedi said on Friday that the government will review the special additional excise duty or windfall tax on diesel and ATF every two weeks.The move to levy special additional excise duty (SAED) is to ensure domestic availability of diesel and ATF...
New Delhi, March 27 – The government has reduced excise duty on petrol and diesel by ₹10 per litre, preventing a price hike that would have resulted from soaring global oil prices.The reduction in excise duty on petrol from ₹13 to ₹3 per litre and on diesel from ₹10 to nil will result in an...
Bengaluru, March 27 Karnataka Deputy Chief Minister D K Shivakumar said on Friday that the central government's decision to cut excise duty on petrol and diesel was aimed at the upcoming elections.The government has reduced excise duty on petrol and diesel by Rs 10 per litre each, a move aimed...
assembly elections
aviation turbine fuel duty
diesel export duty
diesel price
election
excise duty
fuel prices
government policy
india
karnataka
middleeastconflict
nayara energy
petrol price
revenue impact
state government
Raipur, March 27 Chhattisgarh Chief Minister Vishnu Deo Sai on Friday praised the Centre's decision to reduce excise duty on petrol and diesel, calling it a "historic" and "people-centric" move that would provide direct relief to 140 crore citizens across the country.Sai said that amid the...
chhattisgarh
consumer relief
diesel prices
excise duty
fuel prices
government policy
india
middleeastconflict
narendra modi
oil industry
petrol prices
vishnu deo sai