diesel price hike News

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• Retail Sector Hit Hard as Fuel Crisis Drains Household Budgets

  Published: Apr 18, 2026

  Section: Business & Economy

  New Zealand retailers are facing a sharp decline in discretionary spending as the global fuel crisis forces consumers to reallocate their budgets toward essential costs. According...

• Portuguese Fuel Prices Surge as Middle East Conflict Drives Diesel Toward €2.16 Per Litre

  Published: Apr 6, 2026

  Section: Europe

  Fuel costs in Portugal are set for another significant increase next week, with diesel expected to rise by 8 cents per litre. Driven by ongoing instability in the Middle East, the...

• National Treasury Halves Fuel Levy To Mitigate R10 Diesel Under Recovery Amid Middle East Conflict Pressures

  Published: Apr 4, 2026

  Section: Africa

  South Africa has implemented a temporary R3 per litre fuel levy reduction for April 2026 to offset massive under recoveries driven by global oil volatility. While the relief will c...

• Malaysia’s Electric Vehicle Shift Accelerates as Global Fuel Instability Doubles Diesel Costs

  Published: Apr 2, 2026

  Section: Asia

  Spiking fuel prices in Malaysia, driven by international conflict and global supply disruptions, are forcing drivers to re-evaluate the economics of electric vehicles. While home c...

• Skyrocketing Fuel Prices Trigger Irreversible Pivot to Electric Vehicles in South Africa

  Published: Mar 28, 2026

  Section: Global Economy

  South Africa’s automotive market is undergoing a profound transformation as record-breaking petrol and diesel price hikes, spurred by the conflict in Iran, drive motorists toward e...