fuel prices News
Latest articles and news about fuel prices on AXL Media.
Latest Articles
- France Rejects US-Led Coalition, Announces Independent "Defensive" Naval Mission to Secure Strait of Hormuz
Published: May 1, 2026
Section: Iran War
French Foreign Minister Jean-Noël Barrot has announced that a strictly defensive international maritime mission, spearheaded by President Emmanuel Macron, is entering its final ope...
- Kenya Sacrifices Domestic Energy Sovereignty as Changamwe Refinery Idles Amid Turkana Oil Exports
Published: Apr 30, 2026
Section: Africa
Strategic analyst Alex Munyua argues that Kenya has trapped itself in a cycle of dependency by exporting raw crude while importing refined fuel at massive costs. Despite discoverin...
- Middle East Conflict Ends Interest Rate Relief for South African Homeowners as Inflation Projections Surge
Published: Apr 29, 2026
Section: Africa
South African consumers are facing a reversal of the 2025 financial relief that saved typical homeowners over R1,000 per month on mortgage repayments. Surging oil prices linked to...
- Prime Minister Starmer Convenes COBRA to Shield UK Economy from Iran Conflict Fallout
Published: Apr 27, 2026
Section: Europe
British Prime Minister Keir Starmer has scheduled an emergency COBRA committee meeting for Tuesday, April 28, 2026, to address the mounting economic impact of the war in Iran. In a...
- Activist Wanjira Wanjiru Accuses Government of Funding Opponents After Heated National Television Debate
Published: Apr 25, 2026
Section: Africa
Following a contentious appearance on Citizen TV, political activist Wanjira Wanjiru claimed that the government is paying individuals to undermine activism through false narrative...
- Bank of America forecasts South African interest rate hike in May amid Middle East energy shock
Published: Apr 24, 2026
Section: Africa
Bank of America analysts expect the South African Reserve Bank to raise interest rates to 7% next month to combat rising inflation driven by global fuel price spikes. Following the...
- South African Motorists Face Massive May Fuel Price Hikes as Middle East Conflict Destabilizes Global Oil
Published: Apr 24, 2026
Section: Africa
Data from the Central Energy Fund indicates that South African fuel prices are set for a substantial increase in May, driven by international oil prices exceeding 100 dollars per b...
- South African Reserve Bank Weighs Repo Rate Hike as Iran Conflict Destabilizes New Inflation Target
Published: Apr 23, 2026
Section: Africa
The South African Reserve Bank may be forced to abandon planned interest rate cuts in favor of hikes if the conflict in Iran persists and continues to drive up global oil prices. W...
- Rand Volatility and Police Scandals Strain South African Markets Amid Rising Fuel and Insurance Costs
Published: Apr 23, 2026
Section: Africa
South Africa faces economic pressure as headline inflation reached 3.1% in March while fuel price hikes tied to Middle East tensions threaten to drive insurance premiums higher. Si...
- President Trump Evaluates Extension Of Jones Act Waiver To Stabilize Domestic Energy Transport Costs
Published: Apr 22, 2026
Section: US & Canada
President Donald Trump is considering a proposal to extend the existing 60 day Jones Act waiver to facilitate fuel shipments between domestic ports. The move aims to mitigate risin...
- Armed Police Disperse Fuel Price Protesters in Nairobi CBD Following Unlawful Assembly Declaration
Published: Apr 21, 2026
Section: Africa
Heavily armed police and anti-terror units have been deployed to Nairobi’s Central Business District to quell demonstrations over soaring fuel prices. Despite the turnout of protes...
- Middle-class South Africans earning R60,000 monthly face severe solvency crisis as living costs outpace wage growth
Published: Apr 19, 2026
Section: Africa
Data from National Debt Advisors indicates that individuals earning between R30,000 and R60,000 are increasingly reliant on high-interest credit to sustain basic living standards....