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The Latest Breaking News from Petrol

Donald Trump's Iran war is making Britain poorer, warns Nigel Farage's Reform UK amid oil cost turmoil

Petrol prices, mortgage rates and oil home heating costs are rising as the UK economy is rocked by the fall-out from the Middle East conflict

Evening Standard

‘Vicious cycle’: panic buying is biggest risk to Australia’s petrol supplies, experts say

Government and motoring groups say there is no shortage of fuel supplies but stockpiling has left country service stations running dry, as Iran war sparks oil price fears

The Guardian - AU

Oil prices: Drivers rush to fill tanks in China before fuel price hike

Drivers queued at petrol stations in Nanjing ahead of a nationwide fuel price increase set to take effect at midnight as global oil prices surged above $100 per barrel.

Euronews

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Stock markets drop after spike in crude oil prices amid Iran conflict

On Monday morning, the FTSE 100 joined the other major financial markets with a firm slump, dipping by as much as 1.7%.

Evening Standard

Stop ‘non-essential’ car journeys to save fuel, drivers told

Motorists have also been encouraged to change their driving style to be more fuel efficient.

Evening Standard

How much will your energy bills and petrol prices rise by on the back of the Middle East war?

Consumers will see prices rise due to turmoil in the Middle East – but by how much?

Evening Standard

Britain thrown into 'full-blown' economic crisis by Iran war as Trump says oil cost surge 'is small price to pay'

The cost of oil topped $100 a barrel, FTSE 100 fell, mortgage rates are rising and there are fears over jumps in energy bills and petrol prices

Evening Standard

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What does war in the Middle East mean for my finances?

Here, the Press Association looks at how the conflict could impact people’s finances in different ways.

Evening Standard

How have UK petrol prices been affected by US-Iran war and oil price surge?

Cost of filling up a vehicle has now seen the steepest rise since the start of the Ukraine war in 2022

The Independent UK

France launches nationwide petrol station inspections as fuel prices jump

France is set to carry out a blitz of petrol station inspections this week after a sharp rise in fuel prices sparked political anger and fears that retailers could exploit tensions in the Middle East.

Radio France Internationale

Drivers told to cut down on certain journeys as fuel prices hit

Since the war began on February 28, the average price of a litre of petrol at UK forecourts has increased by 5p to 137.5p, while diesel is up 9p to 151.0p

The Independent UK

Long fuel queues form in Bangladesh amid fears of supply shortages

Motorists in Bangladesh queued for hours at petrol stations as concerns grow that the war involving Iran could disrupt fuel supplies.

Euronews

FTSE 100 plummets further as oil prices soar above $100 a barrel

Oil prices surged past $100 a barrel for the first time since the summer of 2022

The Independent UK

Stock markets tumble further as oil prices soar above 100 dollars a barrel

Brent crude soared by 15% to 107 dollars a barrel, having at one stage reached nearly 120 dollars in levels not seen since the summer of 2022.

Evening Standard

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Evening Standard

Oil prices race above 100 dollars a barrel as Iran conflict escalates

Brent crude soared by 17% to more than 108 dollars a barrel, having at one stage reached nearly 120 dollars a barrel for the first time since 2022.

International Business Times UK

Oil Prices Surge Past $100 a Barrel as Dow Futures Crash 900 Points — What It Means for Your Grocery Bill, Petrol, and Savings

How the recent surge in oil prices above $100 a barrel impacts your petrol costs, grocery bills, and household budget in the US, UK, and globally. Learn about the economic ripple effects and market reactions.

The Independent UK

Oil crosses $100 mark amid Iran war as violence erupts at petrol stations in South Asia

Surge in energy prices causing rationing and closure of petrol pumps in import-dependent South Asia

AAP

Don't panic: motorists warned against stockpiling fuel

Australians are being told not to panic-buy petrol at the bowser or stockpile fuel as the war in Iran widens and causes oil prices to soar globally.

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The Independent UK

UK drivers reveal why they are not switching to electric vehicles

One think tank suggests drivers are ‘holding back from making the shift’ to electric motoring

International Business Times UK

'A Good Thing' — Leavitt Defends Spiking Gas Prices on Fox News Even as Brent Crude Hits $84 a Barrel

White House press secretary Karoline Leavitt defends rising petrol prices in the US, citing the Iran conflict as a temporary disruption for long-term energy market benefits

The Times of India

Distant war, a regional shockwave: How Middle East crisis is making life difficult in Bangladesh and Pakistan

Escalating West Asian conflict triggers economic fallout in South Asia, with Bangladesh implementing fuel rationing amid panic buying and Pakistan facing shortages and price hikes. Border trade disruptions in Balochistan exacerbate the crisis, impacting essential commodity supplies and livelihoods.

AAP

'Perfect storm': fuel uncertainty threatens food prices

Australians could face higher prices beyond the petrol bowser as farmers warn fuel disruptions amid Middle East tensions could hit supermarket shelves.

AAP

Expanding Middle East war to loom over domestic economy

Petrol prices have already surged following conflict in the Middle East, raising the possibility of a hike in inflation.

International Business Times UK

'If They Rise, They Rise' — Trump Shrugs Off Surging Pump Prices as Qatar's Energy Minister Warns Oil Could Hit $150 a Barrel

As the US-Iran conflict intensifies, oil prices are skyrocketing, with potential global economic impacts. Discover how the Strait of Hormuz tensions are affecting energy markets.

The Independent UK

Iran conflict threatens new UK cost of living crisis as energy markets in ‘turmoil’ and mortgage rates on the rise

Oil prices have seen their biggest weekly increase in six years, while experts warn energy bills could rise by 10 per cent in July

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