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‘Pain at the bowser’: How the War in Ukraine can affect Australian petrol prices

Article image for ‘Pain at the bowser’: How the War in Ukraine can affect Australian petrol prices

The current invasion by Russia in Ukraine will continue to have lingering effects on Australia especially due to the recent round of imposed sanctions.

NRMA Spokesman Peter Khoury told Jim Wilson, “the issue has been…other oil-producing countries have failed to provide enough supply in order to artificially put the price up.”

“Oil reserves are to be used in the event of an absolute catastrophe.

“The situation is changing by the hour.”

Due to a multitude of issues, Mr Khoury said the prices for petrol will continue to rise.

“Unfortunately, we expect those prices to continue to go up.

“We are bracing for more pain at the bowser.”

Press PLAY below to hear the full interview

Image: Getty

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