The invention pertains to a novel additive for fuels comprising iso-propanol in an amount of from 60-70 Vol.-%, diesel and gasoline each in an amount of from 10-20 vol.-% and water in an amount of from 1-5 vol.-%. In another aspect the composition comprises Iso-propanol in an amount of from 60-70 vol.-%, lineseed oil in an amount of from 15-25 vol.-%, gasoline fuel in an amount of from 10-20 vol.-%, and water in an amount of from 1-5 vol.-%. The invention further relates to the use of the said additive in reducing carbon monoxide (CO) and unburnt hydrocarbons (HC) levels from emissions of combustion engines.