global oil prices
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Fiji petrol set to rise about 25c per litre to around $2.70 by May 1, 2026 as global oil rally hits local prices
Fiji could see petrol prices edge higher in coming weeks as global oil markets react to ongoing tensions. A leading economist warns households may feel the pinch first, with broader inflation risks if disruptions persist. The discussion also highlights the push toward renewables to reduce exposure to fuel shocks.
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Fiji petrol set to rise about 25c per litre by May as Middle East tensions push global oil prices higher
Rising Middle East tensions could lift global oil prices and push Fiji’s petrol higher—potentially about 25 cents per litre over the next couple of months. Expect spillovers into aviation fuel and travel costs as markets adjust to the evolving price landscape.