Petrol Diesel  

The US on Monday imposed "the toughest ever" sanctions on a defiant Iran aimed at altering the Iranian regime's "behaviour". The sanctions cover Iran's banking and energy sectors and reinstate penalties for countries and companies in Europe, Asia and elsewhere that do not halt Iranian oil imports.

The other five countries that have got relief from America include a surprise entry, China, with which the Donald Trump administration is still negotiating the terms
 

The government revised the prices last week. After the revision, petrol is being sold at Rs 82.48 per litre, while diesel rates have escalated to Rs 74.90 in the national capital.

The Brent crude oil prices fell by more than 1 per cent on Monday after the US said it may grant waivers to sanctions against Iran's oil exports next month

The finance minister said that he will write to states to cut local taxes while announcing a cut in excise duty on petrol and diesel.

 From heavy rainfall in Himachal Pradesh to petrol prices crossing Rs 90 mark, here are today's top headlines on My Nation in 100 seconds

Prices of petrol and diesel have been on the rise since mid-August, rising almost every day due to a combination of a drop in the dollar-rupee and rise in crude oil prices

In Karnataka, petrol is cheaper by Rs 2.93 and diesel by Rs 5.07 than Kerala. In fact, upper Talapady falls under Kerala, where the petrol diesel price is Rs 85.22 and Rs 78.80 respectively but in Karnataka, it is Rs 82.29 and Rs 73.73.