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The Latest Breaking News from Petrol

'Carry on as normal,' Starmer tells Britain as Trump's Iran war triggers oil crisis rocking economies

The Prime Minister sought to reassure millions of households amid a new warning that energy bills could rise by more than £300

Evening Standard

Premium Petrol Prices Increased by Over ₹2 Amid Global Oil Surge

State-run oil marketing companies on Friday announced an increase of over ₹2 per litre in the price of premium-grade petrol, while leaving the prices of regular petrol and diesel unchanged.

Whats Hot

The Iran oil shock: Who pays the most fuel tax in Europe?

Fuel prices across Europe are soaring, with taxes making up more than half of the cost at the pump in many countries. Euronews Business examines how differences in taxes mean motorists in some countries now pay far more at the pump than others.

Euronews

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‘Really significant’: analysts warn top fuel suppliers could cut exports to Australia

Energy minister says he is not aware of any cuts to imports from Malaysia, but expert says warnings are ‘really significant’

The Guardian - AU

Morning Mail: Iran threats stoke global alarm, cyclone Narelle poised to hit Queensland, One Nation’s Rinehart flights queried

Tehran says it will show ‘zero restraint’ amid fear of years-long impact on energy supplies; tropical cyclone winds hit 250km/h

The Guardian - AU

Aussies urged to work from home to save precious fuel

As dozens of servos run dry of petrol and diesel, the nation's road commuters are being told to go slower or even stay at home to ease the pain of fuel shocks.

AAP

UK drivers facing highest petrol prices in three years due to Iran war

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The Independent UK

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The Syros paradox: A premium heart in a polarising wrapper

The Syros story began quite well, clocking over 5,000 units in the months after its launch. Practical, compact, and well finished, the Syros made it easy to see why it had quickly become a popular choice. Inexplicably, despite all those attributes remaining unchanged, the Syros hasn’t remained the chartbuster that…

Newslaundry

War in Iran: Where in Europe have petrol prices spiked?

Motorists across Europe are facing higher fuel prices as the war in Iran has rattled global energy markets, with governments looking at how best to react.

Euronews

'Over-prepared': PM's pledge on growing fuel crisis

Australia will have a single point of contact co-ordinating fuel supplies and issues that might arise due to the Iran war, with further measures expected.

AAP

‘It’s not panic-buying’: farmers defend stockpiling as regional Australia bears brunt of fuel crisis

Independent retailers are struggling to get fuel from the majors and say farmers have only responded to soaring prices and lack of availability

The Guardian - AU

Anthony Albanese Has Warned Aussies Not To Panic-Buy Petrol Amidst Fuel Security Fears

“It’s not the Australian way. Just take what you need, be sensible."

Pedestrian.tv

Federal Reserve could signal pause in rate cuts as Iran war stokes inflation

The Federal Reserve is expected to hold interest rates steady and may signal it will not cut rates at all this year as the Iran war complicates the central bank's inflation outlook.

Euronews

DiDi raises prices in Australia to cover soaring petrol costs amid conflict in the Middle East

Other delivery and transport companies such as Uber, DoorDash and Australia Post are weighing whether to charge more

The Guardian - AU

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The Conversation

Electric vehicles: what to know if you’re considering an EV

Soaring petrol prices are once again making many Australians think seriously about switching to an electric vehicle.

The Conversation

What’s ‘dirty fuel’ doing to our lungs? The same as it did for most of 2025

Australians may have seen headlines warning “dirty fuel” is back, temporarily, to ease fuel supplies. The phrase sounds alarming, but it has a specific and fairly narrow meaning.

Bangkok Post

Pump prices to rise from today

The government will let retail fuel prices rise gradually from today but will heavily subsidise the pump price of standard diesel.

The Guardian - AU

The RBA is asking Australians to show restraint. They may want to take their own advice

We are all living in uncertain times, so we expect decisions to be made with a high degree of caution. That applies to the central bank and interest rates

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news in one place.

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Euronews

Why is petrol more expensive in Germany than most places in the EU?

Germany has been hit particularly hard by rising petrol prices compared to the rest of the EU. A task force set up by the German government aims to counteract this while exposing the oil companies' profit scam.

The Conversation

Iran oil crisis: why NZ’s car dependence is now a strategic liability

The war in Iran and the effective closure of the Strait of Hormuz have sent oil prices past US$100 a barrel – and Kiwis flocking to fill up. Petrol just hit NZ$3 a litre and some stations have reported running dry.

Evening Standard

Diesel on ‘crash course’ to 170p a litre while petrol up 10p on pre-Iran war

The RAC said prices at the pump were ‘really starting to hurt drivers’ as they continue to rise amid the conflict in the Middle East.

The Guardian - AU

Australian households fear double whammy of rate hikes and higher petrol prices will lead to recession

Borrowers face losing hundreds of dollars a month in higher repayments and rising pump rices will add to the pain, economists warn

Evening Standard

Nigel Farage to pay annual energy bill for entire UK street in controversial Reform giveaway

Reform’s Treasury spokesman Robert Jenrick said the public could enter the contest on a website where the party has set out its plans to cut fuel payments

Evening Standard

Mortgage bills soar by £1,100 in London in just two weeks as Trump's Iran war rocks UK economy

‘War in the Middle East is hammering Londoners looking to buy or remortgage,’ says Adam French, head of consumer finance at Moneyfacts

Euronews

‘Cushion the shock’: IEA releases 10 quick fuel-saving tips – many countries are already doing them

"Today’s report provides immediate and concrete measures... to shelter consumers from the impacts of this crisis," says IEA Executive Director Fatih Birol.

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