Oil Companies Warned Against Raising Petrol Prices Amid Middle East Conflict

Fuente: International Business Times

A spokesperson from the NRMA has warned oil companies not to jack up petrol prices amid the conflict in the Middle East. The concern over the supply of petrol comes as the Strait of Hormuz, where one-fifth of the world's oil supply passes through, remains closed. NRMA Warns Oil CompaniesAccording to 9News, NRMA spokesperson Peter Khoury warned oil companies not to impose higher prices prematurely, stressing that the conflict in the Middle East should not be an excuse to "jack up prices.