AA warns of more fuel prices hikes amid Ukraine war

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Spokesperson Layton Beard says it will put more pressure on consumers and the economy.⛽️ FuelPrice RussiaUkraineWar

The price of the two grades of petrol is going up by R2.37 and R2.57 cents a litre.Spokesperson Layton Beard says it will put more pressure on consumers and the economy."We understand that government has little leeway in terms of international petroleum prices and the Rand/US dollar exchange rate, which is why we have called and will continue to press for a review of the fuel price, an area where the government has control over the fuel price.

"There is a need to interrogate all the components of the fuel price, to determine whether all these components are still necessary in the existing formula, and to establish if the current calculations of these components are correct.MORE ON ECR

 

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