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The Latest Breaking News from Petrol

Gas Prices May Not Hit $3 Until September, Treasury Chief Bessent Warns He's 'Watching' Gas Stations

Treasury Secretary Scott Bessent says $3 gas could arrive between June and September, warning the Trump administration plans to monitor gas stations. Stay updated on energy costs and petrol prices.

International Business Times UK

Afternoon Update: Victorian fuel price fears after refinery blaze; One Nation’s SA seat recount; and how to breathe

Petrol production affected at Viva plant in Corio as mayor calls blaze ‘unprecedented’

The Guardian - AU

What does the Geelong refinery fire reveal about Australia’s fuel supplies?

Late on Wednesday, Victorian firefighters were called to a large fire at Viva Energy Group’s oil refinery in Corio, a suburb of Geelong. The blaze is believed to have been an equipment failure. Thankfully, no-one was injured.

The Conversation

From analysis to the latest developments in health,
read the most diverse news in one place.

‘Unprecedented’ fire at Australian oil refinery threatens already dwindling petrol supplies

Supplying around half of Victoria’s fuel and 10 per cent nationally, the refinery processes about 120,000 barrels of oil per day

The Independent UK

Albanese cuts fuel diplomacy mission short to rush to Geelong as Bowen calls oil refinery fire ‘a setback’

Some petrol stations may see short-term outages and energy experts warn Victorian fuel prices could spike up to 20 cents a litre

The Guardian - AU

Geelong oil refinery fire: what we know so far

Viva Energy oil refinery at Corio, one of just two remaining in Australia, supplies about 50% of Victoria’s fuel and 10% of the whole country’s

The Guardian - AU

Fresh fuel supply fears hosed down after refinery blaze

Australia will lean more heavily on fuel imports after a fire caused by a suspected gas leak ripped through one of the nation's two oil refineries.

AAP

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Two suspects arrested as London synagogue targeted with petrol bombs in 'shocking' attack

Met detectives are treating the attack on Finchley Reform Synagogue as an antisemitic hate crime

Evening Standard

Petrol stations reject French government plan to cap profit margins on fuel

Fuel distributors in France are strongly opposed to a government decree that aims to cap their profit margins as the war in the Middle East continues to drive up prices. Leading retailers warn the measure is hasty and unlikely to bring consumers much relief.

Radio France Internationale

Dinner for few: Australians eating out less as fuel crisis deals biggest blow to consumer confidence since Covid

Experts say ‘cautious consumption’ shows households bracing for return to extended period of financial pressure experienced during early pandemic years

The Guardian - AU

RAC reveals when fuel prices could ‘begin to come down’ after 43 days of increases

Average pump prices at UK forecourts on Tuesday were up a fraction of a penny from Monday

The Independent UK

Drivers look to electric vehicles as cost of petrol soars due to Iran war

Petrol is almost £14 more expensive for a full tank compared to before the Iran war, while a full tank of diesel is almost £27 more

The Independent UK

Rachel Reeves ‘betraying’ drivers by not halving VAT on fuel – Robert Jenrick

Reform UK is calling on the Government to ‘lighten the load’ for drivers.

Evening Standard

Victoria has made public transport free – NSW hasn’t. Has there been any difference in uptake?

The recent military conflict in the Middle East triggered a sharp increase in petrol prices throughout March, with the federal government’s subsequent excise cut providing only partial relief.

The Conversation

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The Guardian - UK

US starts naval blockade of Iranian ports after deadline passes

Iran warns Americans they face higher pump prices due to prohibition imposed on Monday evening

Euronews

Germany cuts fuel tax as oil prices surge on Iran blockade

Following tense exchanges between Economics Minister Reiche and Finance Minister Lars Klingbeil, the government held talks over the weekend. Will the coalition succeed in easing the burden on citizens, or will it collapse?

The Independent UK

EVs are part of our high-tech future. Who says? Kids.

We take a couple of teenagers to Mercedes-Benz World for their first taste of driving an electric car – and they love it

The Guardian - AU

Uber adds fuel surcharge for non-EV fares in Australia amid petrol price rises

Customers will be charged an extra fee from 15 April - unless they choose to ride in an electric vehicle

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The Conversation

A new ad campaign is pushing Australians to use less petrol. Has this happened before?

A new federal government advertising campaign is prompting Australians to reduce their fuel consumption during the current global oil crisis.

The Guardian - UK

Interest in EVs surges in Europe as fuel prices jump after Iran war

Demand at online marketplaces could settle at a new, higher normal, with the crisis leaving consumers ‘scarred’

This 7-seater fuel crisis beater can do 650 miles on a tank – could this be the hybrid you’re looking for?

Chery Tiggo 9 is a large but affordable SUV that’s perfect for long trips

The Conversation

What can governments do when petrol prices rocket?

The price of oil has changed a lot in the last few weeks. There have been dips as well as peaks, but generally, since the the start of the US-Israeli attacks on Iran at the end of February, the black stuff has been getting more expensive.

The Independent UK

What’s behind Ireland’s fuel protests and why they’re escalating

The protests stem from soaring petrol and diesel prices, which have reached approximately 193.9 cents and 218.9 cents respectively at filling stations

AAP

Alleged hit-and-run fuel thief's teary admission

An emotional alleged fuel thief accused of mowing down a petrol station attendant has offered to pay for his petrol, after he was granted bail.

Euronews

Petrol and diesel in Europe: Where are prices highest and lowest?

Petrol and diesel prices have risen significantly across Europe since the escalation of the Middle East crisis. Euronews Business takes a closer look at the latest fuel prices.

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