Post Russia's military entry into Ukraine, fuel costs hit their highest levels

As the situation worsens, we may anticipate prices to rise even more. Russia is the world's second-biggest supplier of crude oil and refined gasoline, as well as the world's largest exporter of natural gas.

Changes in retail pricing are mostly dictated by worldwide price standards for refined gasoline, so Australians will experience these market concerns as well.

Changes in overseas pricing often take more than a we....