Tarique Rahman 19 Jun 2026Kuwait Boosts Oil Output After Hormuz Reopens Kuwait has begun increasing oil production and expects output to exceed two million barrels per day following the reopening of the Strait of Hormuz under the US-Iran peace arrangement. Officials said damaged infrastructure has been repaired faster than expected, allowing energy operations to recover quickly. Kuwait also announced the immediate lifting 4 likes4 comments#hormuz#energy#oil#econom#kuwait
Faisal 25 May 2026Petrol and diesel prices have been increased again across major Indian cities, marking the fourth fuel hike in less than two weeks amid rising global crude oil prices and a weakening rupee. State-owned oil companies raised petrol prices by Rs 2.61 per litre and diesel by Rs 2.71 per litre, taking cumulative increases since May 15 to nearly Rs 7.5 per litre. The repeated hikes are expected to impac3 likes2 comments#petrol#india#diesel#econom#fuelprices
