fuel prices

2 stories on this topic.

Economy

G7 to release 100m barrels of oil reserves amid price surge

G7 leaders agreed to release up to 100 million barrels of diesel and crude oil over four months to curb soaring fuel prices. The coordinated move follows pressure from the U.S. and aims to stabilize markets disrupted by conflicts in Iran and Ukraine.

October 2, 2026 · 6 min read

Economy

Rising Fuel Prices Cost Tow‑Truck Business £10k

Jersey tow‑truck operator Oliver du Feu says rising diesel prices have added £9,000–£11,000 to his costs. The island’s fuel‑duty cut proposal was withdrawn, and businesses may need to raise prices to survive.

September 22, 2026 · 6 min read