New Delhi: Petroleum minister Hardeep Singh Puri on Tuesday said public sector oil marketing companies may not be able to bear the daily losses of Rs 1,000 crore incurred from selling petrol and diesel below the market price, a strong indication that pump prices are going to rise in the coming days.“To protect the consumer, they are incurring losses. (But) at some level the government will have to take a decision,” Puri said without explicitly commenting on the much-awaited price hike at CII’s annual business summit.“How long will the oil companies be able to withstand this (losses)? Frankly, this is something that worries me,” he said. The minister said oil retailers are under financial pressure and facing under-recoveries of Rs 2 lakh crore and losses of Rs 1 lakh crore in the April-June quarter, which could wipe out last year’s annual profit. The only way for the government to avoid taking “drastic measures” is if the Strait of Hormuz reopens and the price of the crude oil basket falls to $70 a barrel.

Crude oil prices have risen nearly 50% since the war broke out on February 28, surpassing $100 a barrel. Puri rejected suggestions that the price hike was deliberately postponed due to assembly elections in Tamil Nadu, Kerala and West Bengal, saying there have been several elections since 2022, when fuel rates were last increased. “It’s not my case that prices…shouldn’t go up. I’m saying the two are unrelated,” he said. He said India was the only country to keep fuel prices stable for four years.The price of petrol and diesel in the capital is currently Rs 94.77 and Rs 87.67 per liter respectively. According to estimates, OMC – Indian Oil CorporationBharat Petroleum and Hindustan Petroleum – are incurring a loss of Rs 14 per liter on petrol, Rs 42 per liter on diesel and Rs 674 on domestic LPG cylinder. Their collective under-recovery is estimated to be Rs 1,600-1,700 crore per day. Seeking to allay fears of shortage, Puri said despite the disruption in energy flows, there is no supply-side problem and the country has 60 days of crude oil and LNG stock and 45 days of LPG stock. He acknowledged the need to increase reserves and said a company was acquiring 400-500 acres of land for additional storage. On domestic oil and gas exploration, Puri said the government has amended exploration rules and expanded the acreage offered under the licensing round. The Center has also reduced effective royalty rates on crude oil and natural gas production to boost domestic exploration and production. As per the notification, the effective royalty on onshore crude oil production has been reduced to 10%, while offshore crude royalty has been reduced to 8%. Royalty on natural gas has also been reduced to 8%.

What happened between Trevv and Chuddbuilder? Nashville confrontation turns into serious robbery dispute (Image via Getty)

Controversial IRL streamer Chudthebuilder and internet personality Trev are now in the middle of an escalating online feud following a public incident in Nashville on May 10, 2026. The situation began when Trev grabbed Chuddbuilder’s hat while the two were out on the streets. Videos of the moment quickly spread on Instagram and livestream clips, leading to threats, police claims and FBI comments from both sides. Chuddbuilder later charged Trev with “aggravated robbery and battery” in a social media post. He claimed that the hat was part of his personality because he was wearing it when it was taken. He also accused Treve of carrying a weapon during the incident. At this time, there have been no public reports of any arrests related to the situation.The feud has attracted attention as both creators became popular online earlier this year due to their controversial behavior. Trev first went viral in February 2026 after posting a short video where he insulted Mexican cartel and drug lord El Mencho. Meanwhile, Chuddbuilder gained attention in April 2026 after using racist language during several IRL streams.

Trev and Chuddbuilder exchanged threats and then the FBI claimed nashville confrontation

During the Nashville encounter, Trev grabs the Chuddbuilder’s hat and runs away during filming. In the clip shared online, Trev repeatedly mocked ChudTheBuilder and made references to his personal life while running from him.Later, Trev uploaded another video showing himself holding the hat. In the clip, he told Chuddbuilder to “come get it back” and warned that the robbery was “just the beginning.” He also posted another message online describing the incident as “Phase 1” of a larger plan.The post read:“Phase 1 is complete… I just took the hat off the biggest ***’s head!… This is just the *** beginning, Phase 2 starts tomorrow, 8pm Eastern!”After the video spread online, ChudTheBuilder posted his response on X. He charged Trev with assault and robbery and claimed the situation became more serious because Trev allegedly admitted to carrying the weapon.Chuddthebuilder wrote:“He attacked me when he stole that hat, because anything on my body is considered a part of my personality. He admitted to attacking me and carrying the weapon during the robbery. Due to this the incidents of robbery and assault increased further.The drama continued during the Pump.Fun livestream where Chuddthebuilder claimed that federal authorities were already monitoring the situation.He said:“The union told me they are actively considering stopping [Trevv] Kid…so, it’s great.”Trev later reposted the clip and responded with another message aimed at the FBI. His post read:“@FBI let’s get to work🤝”At this time, neither the FBI nor Nashville Police have publicly confirmed any investigation or charges related to the incident.

Puneet He has always been one of the most admired and versatile stars of Bollywood. While the actress won hearts with her powerful performances in films like Maqbool, she has also impressed audiences with comedy and commercial entertainment over the years.However, apart from her films, Tabu’s personal life often remains a subject of curiosity among fans, especially because the actress has never married.In an old interview with Mumbai Mirror, Tabu, 54, had once blamed her close friend and frequent co-star. Ajay Devgan For her single status.

‘Ajay And Sameer will spy on me.

Recalling her younger days, Tabu revealed that Ajay and his cousin Sameer Arya would constantly keep an eye on her and scare away boys who tried to talk to them.He had said, “Ajay and I have known each other for 25 years. He was my cousin Sameer Arya’s neighbor and close friend and was a part of my growing up years.”The actress joked, “When I was little, Sameer and Ajay used to spy on me, follow me and threaten to beat up any boy who was caught talking to me. They were big bullies and if I am alone today, it is because of Ajay.”He added, “I hope he regrets his actions.”