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The Latest Breaking News from Petrol

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

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

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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.

The Conversation

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.

Bangkok Post

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

The Guardian - AU

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.

Euronews

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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.

The Conversation

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.

Evening Standard

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

The Guardian - AU

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

Evening Standard

‘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.

Euronews

Chris Bowen declares rush on jerry cans ‘un-Australian’ as he urges end to panic buying of petrol

Energy minister says country’s fuel supply has yet to be affected by war after meeting with suppliers and retailers

The Guardian - AU

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The Guardian - AU

‘If we have to change tack, we will’: RBA hikes rates but not aiming to put Australia into recession, Bullock says

Reserve Bank of Australia’s second consecutive increase lifts cash rate target to 4.1%, back to where it was in February last year

Bangkok Post

Fuel pump panic continues in many areas

Queues again formed at petrol stations on Monday as drivers rushed to fill up their tanks and many pumps posting out-of-stock signs, amid the supply disruption caused by the war in the Middle East.

Evening Standard

Interactive map shows London's cheapest and most expensive petrol prices as unleaded soars by 10p

One garage in Chelsea is selling unleaded for 253.9p per litre, while motorists in Ruislip can fill up for just 121p per litre

The Guardian - AU

Central bank increases cash rate amid global energy shock – as it happened

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AAP

Aussie drivers divided over petrol vs electric future

Many Australian motorists plan to park an electric or hybrid vehicle in their garage in future but one policy change could alter their path.

International Business Times UK

'Permanent High Point': Did Fuel Stations Overcharge Australians Amid Middle East Conflict?

The NRMA has accused some fuel stations of jacking up prices during the Middle East conflict and warned that record-high fuel costs in Sydney, Melbourne and Brisbane may now represent a 'permanent high point'.

The Independent UK

There’s never been a better time to switch to an EV – just ask this reformed petrolhead

DRIVESMART: With fuel costs climbing, electric vehicles editor Steve Fowler – a former petrolhead – shares why now is the perfect time to consider the switch from petrol to electric

The Guardian - AU

Replacing 1m petrol cars with EVs could cut Australia’s reliance on foreign fuel by 1bn litres a year

Electric vehicles reduce exposure to global oil price shocks and shift energy consumption to electricity largely produced domestically, expert says

Evening Standard

Fuel price surge continues as diesel reaches 160.3p per litre

Diesel is at its most expensive level since November 2023.

The Independent UK

Average petrol station fuel price revealed as diesel reaches 160.3p per litre

The escalating conflict has driven global oil prices

The Times of India

Global oil hits $105 per barrel: Could UAE petrol prices jump to Dh3.80–Dh4 per litre in April?

Global oil prices have surged past $100 per barrel due to escalating Middle East tensions, particularly concerning the Strait of Hormuz. This volatility directly impacts fuel costs for UAE residents, with prices expected to rise if crude remains high. Other GCC nations also face potential price adjustments, though subsidies offer…

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