Dossier
global fuel prices
Coverage of global fuel prices in the Nexus archive.
- South Africa: Diesel Hike Could Send Food Prices Higher
Diesel prices in South Africa could rise by up to R1.91 per litre in August due to higher global fuel prices, potentially driving food prices higher. Petrol prices are expected to remain nearly unchanged during the same period.
- HK Electric raises fuel charge by nearly 34% and further increases expected
HK Electric increased its fuel charge by nearly 34% in July, citing a 'significant rise' in global fuel prices driven by the Middle East war. The utility serves Hong Kong Island and Lamma Island and warned of further increases.
- Europe explores energy security alternatives after Iran war’s turmoil
Europe is exploring alternative trade and energy routes in response to the Iran war's impact on global fuel prices. The conflict has prompted a reassessment of energy security strategies.