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The Latest Breaking News from Petrol

White van man ‘bleeding cash’ as diesel price disparity hits new high

Oil prices have soared in response to Iran’s stranglehold on tankers passing through the Strait of Hormuz, sparking rising pump prices.

Evening Standard

Thai undertaker brings corpse to petrol station to prove need for fuel amid Iran war

Many Buddhist temples in Thailand rely on diesel-powered furnaces for cremations

The Independent UK

Should you choose a plug-in hybrid or a fully electric car? Here’s my expert view

DRIVESMART: With fuel prices rising, electric vehicles editor Steve Fowler explores whether a plug-in hybrid could be the smarter step before going fully electric

The Independent UK

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5 SUVs Trust for a 3000KM Road Trip in India

A long road. No fixed plan. Just you and your car. Sounds exciting, right? But here’s the truth on a 3,000 km journey across India, your car isn’t just a vehicle it becomes your lifeline. One breakdown, one uncomfortable seat, one wrong choice and the entire experience can change. The…

MyLifeXP

Voices: As energy costs soar, Rachel Reeves is now the price-gouging queen

COMMENT: The chancellor dismisses sharp rises at the petrol pumps and in our energy bills as ‘global turbulence’ – but her bad policy choices have left consumers exposed to market shock, says Kemi Badenoch: she should give drivers a break by abandoning her planned fuel duty hike, and help householders…

The Independent UK

Petrol, Diesel Prices Remain Unchanged Despite Global Oil Surge Amid Middle East Tensions

Amid escalating geopolitical tensions in the Middle East, particularly involving the US-Iran conflict and disruptions in the Strait of Hormuz, global crude oil prices have surged to around $120 per barrel. While many countries have responded with fuel price hikes or rationing measures, India has so far managed to shield…

Whats Hot

Fuel excise halved and a national security plan: what Labor’s changes mean for the price of your petrol

In the short term, Australians should save about 26c a litre at the pump but analysts warn there may be more action required if the energy crisis worsens

The Guardian - AU

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Did Anthony Albanese just cement a third interest rate hike in May by cutting the fuel excise?

Injecting $1.5bn via petrol subsidies into an inflated economy may change things for the Reserve Bank board at its next meeting

The Guardian - AU

Government slashes fuel excise, heavy vehicles charge for 3 months at cost of $2.55 billion

The Albanese government will halve the excise on petrol and diesel and reduce the heavy vehicle road user charge to zero, both for three months, at a budget cost of $2.55 billion.

The Conversation

Australia’s rooftop solar boom left apartment residents behind. Here’s how to fix it

Most Australians now understand the basic promise of rooftop solar: lower power bills, cleaner electricity and, for some households, the option to charge an electric vehicle at home for far less than the cost of petrol.

The Conversation

China’s ‘teapot’ oil refineries keep economy brewing – but surging crude prices leave them strained

The factories, which buy cheap crude and turn it into fuel, are struggling as higher oil prices threaten their razor-sharp margins

The Guardian - UK

Trump’s unpopularity shields Labor in Newspoll and other polls despite fuel crisis

Although Anthony Albanese’s ratings are down in three new federal polls, Labor has maintained a comfortable lead, with the combined vote for the Coalition and One Nation at 46–47% (steady in Newspoll, down one in Redbridge and down three in Fox & Hedgehog).

The Conversation

As the fuel crisis worsens and more sectors call for help, Labor must be prepared to make tough choices

With the government warning of a ‘long tail’ to the current fuel crisis, Jim Chalmers’ May budget will have even more demands on spending than usual

The Guardian - AU

Russia Stops Petrol Exports: Hidden Global Impact

A sudden decision. A ripple felt across continents. Russia’s move to halt petrol exports from April 1 has triggered concern far beyond its borders. On the surface, it seems like a step to control domestic fuel prices. But the reality is far more complex. When a major energy supplier tightens…

MyLifeXP

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AAP

Free rides for some as petrol pump pain continues

Free public transport will be offered across two states to offset petrol price pain and soaring demand amid the global oil crisis.

Evening Standard

'No fuel' signs reported at UK supermarket petrol stations as Middle East conflict 'causes supply issues'

It comes as the price of petrol jumped above 150p per litre for the first time in almost two years

The Guardian - AU

Numb butts and fuel woes: the father and son riding from Australia to Italy on a Vespa

Mario and Leonardo reflect on travelling with ‘no plan’, unexpected joys and challenges ahead on their 10-month coming-of-age pilgrimage

The Guardian - AU

The psychology of panic buying: what prompts consumers to start stockpiling – and how do we stop it?

The scarcity heuristic, exploited by advertisers to trigger impulse buys, can cause panic buying. But telling consumers not to panic, may make them panic more

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The Guardian - AU

Victoria and Tasmania get free public transport in fuel crisis but NSW and WA to keep collecting fares

Allan government says measure is temporary as energy shock from Middle East conflict sees petrol prices soar

The Guardian - UK

How EVs could be part of answer to UK’s fuel reserve worries

More use of two-way charging will earn money for owners and could avoid the need to expand North Sea oil drilling

The Guardian - AU

Labor to use new fuel security powers to underwrite extra shipments to Australia

Albanese announces forthcoming legislation to guarantee private sector purchases of fuel and fertiliser

The Independent UK

Drivers face ‘temporary fuel shortages’ as demand surges amid Iran conflict

IN FULL

Evening Standard

Iran war causing ‘temporary shortages’ at some petrol pumps, says Asda boss

The UK’s second largest fuel retailer also rejected accusations that petrol sellers might be ‘profiteering’ from higher pricing.

The Guardian - UK

Asda warns of ‘temporary shortages’ at some petrol pumps amid Iran war

Comments from boss Allan Leighton come as squeeze on supplies drives average UK petrol price above 150p a litre

The Independent UK

UK supermarket boss warns fuel supply is ‘tight’ as petrol prices soar above 150p a litre

The UK’s second-largest fuel retailer has seen ‘bumper demand’ from drivers reacting to price volatility

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