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Cost of petrol soars after Syria bombing sends oil prices skyrocketing

Mail Online
Cost of petrol soars after Syria bombing sends oil prices skyrocketing

Australian petrol prices have jumped to the highest prices since 2014 in the aftermath of the strategic bombing of Syria by coalition forces.  The wholesale pricing of fuel making its way into Australia through Singapore has jumped at a staggering 14% from 2017 9 News reported.  As a result the average price of fuel is 10 cents higher than at the same time last year, at $1.42 a litre with fears the prices will continue to rise.  NAB senior analyst Phin Ziebell told 9 News the market was reacting and preparing after the renewed unrest in the middle East regions.  'Potential widening of the conflict to Iran who produce a lot of oil or indeed some of the words you've seen exchanged with Russia which