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The Latest Breaking News from Petrol

Which items saw a jump in inflation in March – and where did it ease?

The annual rate of inflation for petrol is now at its highest since May 2024, while diesel is at its highest level since February 2023.

Evening Standard

UK inflation: The items that jumped – and fell – in price in March

Inflation has primarily been driven by a sharp increase in petrol, diesel, and air fares

The Independent UK

Europe is subsidising its way into a deeper energy crisis

Energy crisis: Governments should replace blanket tax cuts and price caps with direct income transfers for vulnerable households, liquidity support and non-earmarked tax credits for exposed sectors, writes Judith Arnal, State Economist in Spain, in an opinion piece for Euronews.

Euronews

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5 important things no one tells you about switching to a cordless lawn mower

What to expect when swapping petrol for cordless

Takeaway coffee sales plunge as fuel and living costs dent Australian spending. Is the economy next?

The trend has been accelerated by the US-Israel war on Iran, leaving households – and cafe owners – glum, surveys suggest

The Guardian - AU

When Will Gas Prices Go Down? Experts Warn Relief May Take Months

US petrol prices remain high due to geopolitical tensions and supply concerns. Analysts predict gradual relief as market conditions stabilize.

International Business Times UK

As the world faces yet another crisis, why are leaders still resisting remote work?

At 9pm, shops, restaurants and cafes go dark across the city of Cairo, where a stringent curfew has been imposed to mitigate the energy shock triggered by the conflict in the Gulf. The measure may prove difficult to enforce among people accustomed to long, convivial evenings, but the outlook is…

The Conversation

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Fuel thefts spike as petrol stations see huge increase in ‘drive-offs’

This surge coincides with a sharp rise in fuel costs since the Middle East conflict

The Independent UK

Reignited US-Iran tensions likely to drive petrol and diesel prices higher

As US representatives travel to Pakistan on Monday for a second round of talks with Iran, the lack of clarity over a possible deal is once again expected to place upward pressure on petrol and diesel prices.

Euronews

Petrol crime surges by up to 30% since start of US-Iran war

British Oil Security Syndicate warns petrol station workers to be vigilant

The Independent UK

Truckies win fuel boost to fight dire price threat

Transport workers could soon be getting more money to cover the costs of rising fuel prices from the Iran war after a decision from the workplace watchdog.

AAP

Drivers' fuel spend finally drops as oil channel shuts

Australian motorists are caught between the US and Iran as the Islamic republic backflips on a promise to reopen a critical shipping route.

AAP

Fuel pump prices to ease amid shipping breakthrough

Australians can expect petrol prices to fall further in coming weeks as oil prices ease, although volatility is expected to continue for months.

AAP

Australia ‘prepared to provide assistance’ in the strait of Hormuz, PM says, as ‘fragile’ opening expected to ease fuel prices

Anthony Albanese was in meeting of 49 countries to discuss key shipping route when news broke that Iran was reopening strait

The Guardian - AU

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The Independent UK

New electric vehicles are now cheaper than petrol cars for first time

New electric vehicles (EVs) are now cheaper to purchase than petrol models for the first time, according to analysis by online vehicle marketplace Autotrader. The average price of a new electric car is £42,620, which is £785 less than a new petrol car, priced at £43,405. This price difference is…

The Guardian - UK

Average new UK electric car price is now lower than petrol vehicles

Autotrader says average EV cost is £785 cheaper, in an important milestone in the move away from fossil fuels

The Independent UK

UK fuel prices finally drop for first time since start of Iran war

The drop in petrol prices offers ‘relief for drivers’ after 46 consecutive days of rising costs

AAP

Men arrested for allegedly stealing 1000 litres of fuel

Two men accused of pinching 1000 litres of petrol have been arrested and charged as fuel prices remain sky high.

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news in one place.

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The Guardian - AU

Fuel prices fall despite Geelong refinery blaze as Albanese says facility production has slipped by 40%

Prime minister says Corio refinery fire will not push Australia into stage 3 restrictions, despite reduced production of petrol, diesel and aviation fuel

International Business Times UK

Trump Dismisses High Fuel Costs: 'Everything Is Doing Really Well' Despite $4 Petrol Price

President Trump downplays high fuel costs, emphasizing economic resilience and geopolitical priorities, despite ongoing financial pressures on American households.

International Business Times UK

Karoline Leavitt Claimed Gas Prices Are Down Under Trump While Americans Are Paying Nearly a Dollar More at the Pump

Karoline Leavitt's claim of falling gas prices is contradicted by AAA data showing a rise since Operation Epic Fury began, as Treasury Secretary Bessent defends the administration.

Evening Standard

Judgment reserved after trial of three men accused of murdering Lyra McKee

The non-jury trial of the trio started at Belfast Crown Court almost two years ago.

International Business Times UK

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.

The Guardian - AU

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 Conversation

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.

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