This is the transcript of 'Cut The Clutter' Episode 1819 that explains the strain the Iran war could place on LPG supplies, pump prices and household energy bills.
Citing West Asia tensions & 44% jump in Saudi benchmark rates, Centre raises 19-kg cylinder rate but caps ATF hike, holds domestic LPG and auto fuel rates steady despite OMC losses.
On domestic LPG availability, inter-ministerial panel says public sector oil marketing companies have delivered more than 50 lakh cylinders per day on average since 1 March.
Up to 2 fuel stations per district can store up to 5,000 litres of kerosene for distribution for household use. This will remain in force for 60 days, or until further order.
Global media spotlights South Asia, focusing on ‘shortage of decent and affordable housing’, India’s LPG deal and coroner’s findings in Zubeen Garg death case.
Issued amid a West Asia war-induced energy crunch, the order now legally binds all entities controlling land, roads and housing societies to facilitate laying of pipelines.
French newspaper La Tribune earlier last week indicated that UAE withdrew from deal to fund EUR 3.5 billion. India is looking to order 114 new Rafales, which could include the F5.
China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.
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