Aussie servos slammed over ‘unjustifiable’ fuel prices

Petrol stations across the country have been slammed for charging Aussies “unjustifiable” prices for fuel amid the US-Iran conflict.

“It is just a ridiculous price when we are in the middle of this conflict and we know things are going to get worse,” NRMA spokesman Peter Khoury said.

The NRMA has called on the ACCC to clamp down on inflated pricing for fuel, with half of the service stations across Sydney, Melbourne and Brisbane charging almost $2.20 a litre.

Mr Khoury said the servos and operators who are inflating prices “know who they are”.

“This must stop immediately.”

According to NRMA it takes “7-10 days” for increased oil prices to flow through down under.

“That's why you know NRMA has put this warning out today because we know it hasn’t been 7 to 10 days,” he said.

“The price cycles in Sydney, Brisbane and Melbourne have left families in those

cities worse off and oil companies are using the Middle East crisis as an excuse to jack up

margins,” Mr Khoury said.

Aussies have flocked to servos across the country to stock up on petrol, with fuel prices expected to skyrocket in the coming weeks.

Mr Khoury urged people to use the My NRMA App to ensure they are aware of the best price and the “cheapest option”.

The NRMA says the average price for regular unleaded per litre across the country is:

• Sydney 209.5c

• Melbourne 207.7c

• Brisbane 210.2c

• Adelaide 185.0c

• Perth 189.1c

About 20 per cent of the world’s oil and gas is shipped through the Strait of Hormuz, a shipping lane on Iran’s southern border that has now been effectively closed.

As a result, fuel prices have spiked globally as the conflict in the Middle East continues onto its fourth day and concerns grow over how long it will last.