2 months ago
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India cut the peculiar further excise duties on petrol and diesel to ₹3 ($0.0318) per litre and zero, respectively, according to a authorities bid dated Thursday (March 26, 2026).
Oil prices fell connected Friday (March 27, 2026) aft Donald Trump again pushed backmost a deadline for Iran to reopen the Strait of Hormuz, though astir equities besides dropped arsenic traders shrugged astatine the quality pursuing a bid of conflicting messaging from the White House.
The U.S. president had warned past Saturday helium would obliterate the Islamic republic’s vigor sites if it did not unblock the important waterway wrong 48 hours, but pushed that backmost 5 days citing affirmative bid talks, which Tehran denied had taken place.
(Will beryllium updated aboriginal with much inputs)
