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The Latest Breaking News from Petrol

Fuel stockpile topped up as minister says supply secure

Australia has stockpiled more than a month's supply of fuel and is as "prepared as possible" as the war in the Middle East continues to impact global supply,

AAP

UK petrol retailers claim ‘inflammatory language’ of ministers led to staff abuse

Trade body attends meeting with Rachel Reeves, hours after saying it was pulling out over suggestions of price gouging

The Guardian - UK

Fuel row explodes as Reeves accused of inciting abuse of petrol station staff with 'rip-off' warning

The Government hit back stressing the Chancellor was only telling petrol retailers to ensure motorists get a ‘fair deal at the pump’

Evening Standard

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Petrol retailer group criticises ‘inflammatory language’ as staff face abuse

The Petrol Retailers Association had threatened to pull out of a meeting with Chancellor Rachel Reeves and Energy Secretary Ed Miliband.

Evening Standard

How the Iran War Could Quietly Drain Your Bank Account?

Explore how rising global tensions, particularly involving Iran, are impacting UK households. Discover the ripple effects on fuel prices, mortgage rates, energy bills, and inflation, and learn how these changes could affect your everyday expenses.

International Business Times UK

Petrol retailer group accuses ministers of inciting abuse towards workers

The Petrol Retailers Association has withdrawn from the meeting with Chancellor Rachel Reeves over ‘inflammatory language’ concerns.

Evening Standard

Petrol retailers say ministers’ use of ‘inflammatory language’ may have led to abuse of forecourt workers

The trade body’s explosive intervention came after Rachel Reeves asked the competition watchdog to crack down on ‘rip-off’ fuel prices as the Iran war continues to escalate

The Independent UK

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How latest rise in oil prices will affect cost of petrol and inflation

Rising petrol, energy bills, food shop and mortgages- how the Iran war trickles down into your wallet

The Independent UK

Is The Iran War Raising Gas Prices? Here's Why Donald Trump Calls The $3.58 Average A 'Glitch'

Trump calls rising US petrol prices from the Iran conflict a "glitch," as economists warn oil shocks could fuel inflation and carry serious political costs.

International Business Times UK

Voices: Readers clash over the reality of owning an EV – from ‘never a problem’ to ‘15-hour nightmare drives’

YOUR VIEWS: Our community is split on why drivers are reluctant to switch to electric vehicles, after a YouGov survey found widespread confusion about EVs – with some readers praising their low running costs while others say high prices, patchy charging infrastructure and practical headaches are putting them off

The Independent UK

Trump Under Fire as He Claims High Oil Prices Benefit America as Drivers Face Billions More in Gas Costs

Donald Trump claims rising oil prices benefit America even as drivers face billions more in fuel costs, sparking outrage and confusion.

International Business Times UK

Ministers warn they will not accept wartime profiteering as crackdown on ‘rip-off’ fuel prices launched

Rachel Reeves has asked the competition watchdog to stay on ‘high alert’ for ‘unjustifiable’ price hikes

Evening Standard

It’s not hoarding: farmers need to buy huge amounts of diesel to keep our food secure

Over recent weeks, Australian drivers have watched as petrol and diesel prices have soared, raising concerns about wider price shocks to come.

The Conversation

Australia to release nearly 20% of fuel stockpile as Bowen insists country ‘nowhere near’ running out

Energy minister cuts fuel companies’ minimum stock obligations to free up diesel and petrol, which will be directed to regional Australia

The Guardian - AU

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The Conversation

Oil, petrol, gasoline: a chemical engineer explains how crude turns into fuel

As the US–Israel war on Iran escalates, so too does the global oil crisis.

The Independent UK

Evri lockers coming to 30 Tesco stores - here’s where to find them

Locker group Evri is expanding its network further with two new partnerships at Tesco and Motor Fuel Group, the petrol station operator.

Evening Standard

Rachel Reeves asks watchdog to ‘crack down’ on fuel ‘rip-offs’ amid Iran war

The Chancellor and Energy Secretary Ed Miliband will hold a meeting at Downing Street with petrol retailers and energy suppliers.

The Independent UK

Reeves and Miliband to demand answers from energy and fuel bosses over rip-off price rises

The chancellor and energy secretary to meet energy bosses to warn against profiteering amid soaring oil prices

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news in one place.

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The Independent UK

Watchdog confirms it is looking into petrol prices amid allegations of ‘gouging’ after US-Iran war

The authority warned in December that retailers’ fuel margins remained ‘persistently high’

Evening Standard

'We'll make a lot of money,' says Trump as oil price jumps leaving millions facing higher energy, petrol and food bills

‘The United States is the largest Oil Producer in the World, by far, so when oil prices go up, we make a lot of money,’ says the US president

MyLifeXP

Why Petrol Prices Haven’t Risen Despite $100 Oil

Fuel prices influence nearly every part of daily life. From daily commuting to the cost of groceries and transportation, even a small change at the petrol pump can affect the entire economy. Recently, global oil markets witnessed a dramatic shift as crude oil prices surged close to $100 per barrel,…

Radio France Internationale

TotalEnergies caps petrol and diesel prices at French service stations

French energy giant TotalEnergies announced on Thursday it will cap petrol and diesel prices at its service stations in mainland France for the next three weeks, as oil prices surge amid the conflict in the Middle East.

The Guardian - AU

Australia relaxes petrol standards for 60 days as NSW premier warns of fuel shortage at hospitals

Chris Minns says ‘no need for panic buying’ as state government considers emergency supplies and impact on critical services

The Conversation

Nations will release an extra 400 million barrels of oil to the market. All we need to do now is not panic at the pump

Despite being one of the world’s top exporters of fossil fuels (coal and gas), Australia has little left of its own oil. Neither does New Zealand.

AAP

Fuel supply boosted as oil price threatens record highs

The government has temporarily lowered Australia's fuel quality standards to boost supplies as the war in the Middle East disrupts global markets.

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