fuel price hike News
Latest articles and news about fuel price hike on AXL Media.
Latest Articles
- President William Ruto Defends Record Fuel Hikes Citing KSh 6.5 Billion Strategic Subsidy Allocation
Published: Apr 15, 2026
Section: Africa
During a rally in Kisii on April 15, 2026, President William Ruto maintained that government interventions prevented even steeper increases in petroleum costs. Despite petrol and d...
- Fuel Price Surge Threatens South African Corporate Solvency as Logistics Costs Reach Inflection Point
Published: Apr 10, 2026
Section: Africa
Last week’s massive fuel price hike, including a R7 per litre increase for diesel, has created an urgent insolvency risk for South African businesses. Legal experts warn that risin...
- Thai Prime Minister Denounces Oil Profiteering and Smuggling Amid Escalating Regional Energy Crisis
Published: Apr 4, 2026
Section: Politics
Prime Minister Anutin Charnvirakul has accused oil traders of exacerbating national fuel shortages by illegally stockpiling and smuggling supplies to neighboring countries. The gov...
- Coalition Of Registered Political Parties Demands Resignation Of Edo Governor Monday Okpebholo Amid Historic Poverty And Widespread Protests
Published: Apr 3, 2026
Section: Africa
The CRPP has officially called for the resignation of Governor Monday Okpebholo, citing an unprecedented surge in economic hardship and insecurity in Edo State. This demand follows...
- Oudtshoorn Fuel Crisis Deepens as KKNK Festival Influx and Supply Chain Disruptions Exhaust Local Petrol Stations
Published: Mar 31, 2026
Section: Africa
A severe fuel shortage has hit Oudtshoorn in the Western Cape, leaving only two out of six 24-hour filling stations with available stock. The scarcity is driven by a massive spike...
- South African Agriculture Leaders Demand Emergency Fuel Pricing Review to Avert Rural Supply Collapse
Published: Mar 30, 2026
Section: Africa
AgriSA and Agbiz have called on the Department of Mineral and Petroleum Energy to temporarily adjust the national fuel pricing mechanism. The organizations warn that record-breakin...
- President Ramaphosa Orders Emergency Intervention as South Africa Braces for Record Breaking April Fuel Price Hikes
Published: Mar 30, 2026
Section: Africa
Cyril Ramaphosa has directed his cabinet to urgently mitigate the impact of unprecedented petrol and diesel increases scheduled for April 1, 2026. The President attributed the loom...
- South African Households Face Financial Devastation as Rising Energy Costs and Massive Debt Burden Create Perfect Economic Storm
Published: Mar 29, 2026
Section: Africa
High geopolitical tensions and rising oil prices have pushed South African fuel costs toward record levels while electricity tariffs are set for a major April increase. Recent data...
- Fuel Panic Hits South African Forecourts as Record Price Hikes and Middle East Volatility Destabilize the Rand
Published: Mar 29, 2026
Section: Africa
South Africa is bracing for historic fuel price increases this weekend, triggering widespread diesel shortages and panic buying across the country. As the rand remains defensive am...
- Democratic Alliance Proposes 50% Levy Cut to Counter Imminent Record-Breaking Fuel Price Surge
Published: Mar 25, 2026
Section: Africa
The Democratic Alliance (DA) has tabled a radical proposal to slash the general fuel levy and the Road Accident Fund (RAF) levy by 50% ahead of a massive price hike on April 1, 202...
- South African Inflation Hits 3% Target as Surging Food and Fuel Costs Threaten Impending Interest Rate Relief
Published: Mar 18, 2026
Section: Africa
South Africa’s annual inflation rate cooled to 3% in February, meeting the central bank's target, yet essential food items continue to rise at a faster pace than the overall cost o...
- Pakistan Imposes Nationwide Work-From-Home And School Closures As Strait Of Hormuz Blockade Triggers Energy Crisis
Published: Mar 12, 2026
Section: Asia
The Pakistani government has enacted aggressive austerity measures, including the closure of schools and a transition to remote work, to mitigate a severe energy crunch. These acti...