Petrol station operators have been raising their prices, at times more than once a day, as global crude prices see-sawed along with developments in the Middle East. Posted prices of 92-octane petrol, 98-octane petrol and the so-called “premium” 98-octane petrol crossed Ukraine war highs in recent days. Singapore does not produce crude oil and imports all that it needs, with most suppliers based in the Middle East. It is unclear how much of Singapore’s crude oil supply is being affected by the war. Crude oil prices, which have risen since the war in Iran began, also heavily influence pump prices.

Source: The Star March 14, 2026 01:29 UTC