More pain at the pump as diesel set to soar next week

The West Australian04-05

The price of diesel has shot up yet again amid the ongoing Middle East conflict, with some motorists rushing to fill up on the back of predictions it will hike up even further.The average cost to fill...

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Credit: News Corp AustraliaThe NRMA’s Peter Khoury said on Saturday diesel hikes were in response to fears that the war could be escalating.“Obviously, as we headed into the long weekend, we were hoping to see some stabilisation of gas oil,” he said.“We saw the opposite with a $46-a-barrel jump overnight as a result of, well, things coming out of the United States in terms of commentary, but also what we saw with an escalation in Iran.”Mr Khoury said the jump was “the largest on record” and signified a tripling in gas oil pricing since the start of the war.The volatility around the daily fuel price is expected to persist and even after the war ends.Already the inflationary pressure is biting with food suppliers making an urgent plea to supermarkets to hike up the price of locally-produced vegetables in a bid to offset their increased costs.Industry group Ausveg have warned supermarkets that the crisis in the Middle East has seen overheads skyrocket – from the cost of fuel itself to how much producers are spending on vital resources like fertilisers.Unless prices paid to growers are increased, the groups says that the availability of fresh Australian groceries will suffer.State PoliticsCommentsPremiumSkip this Wheatbelt servo, energy minister warns motoristsCaitlyn Rintoul","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.40.0","shortVersion":"4.40.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2625641578","isCrawlerRequest":true}