Motorists are being urged to fill up their tanks now as the Middle East tensions escalate, leading to a predicted price hike in oil. This comes as a result of the fuel excise cut, which will increase the price by 16 cents per litre, and the ongoing Iran war, causing the price of a barrel of oil to rise. APCO director Peter Anderson warns that while fuel supply is currently stable, the price situation is out of their control. He advises drivers to top up their tanks sooner rather than later, as prices are expected to surge by the end of the month. This situation highlights the complex interplay between geopolitical events and the cost of everyday necessities, leaving consumers vulnerable to sudden price fluctuations.
