June 11, 2026
The new retail tariff takes effect from Monday midnight
Economists and industry insiders warn this sharp spike will have a cascading effect on the economy
One ship was carrying 26,000 tonnes of octane, while the other had 25,000 tonnes of furnace oil
Efforts will be made to unload the fuel rapidly once the vessels arrive at the port, an official says
State Minister for Energy Anindya reassures public of adequate supply as government eyes alternative sources
The revised price will take effect from midnight