Whether you own a car or take public transport, you have probably felt the pinch from the spike in petrol prices. Be it through a rise in taxi flag down fares or through a rise in your monthly petrol bills, the rise in Singapore petrol prices has had an impact on everyone. Supply-chain disruptions, trade restrictions as well as sanctions arising from the Russia-Ukraine war have had a massive impact on the rise in prices. With Russia being the second-largest oil exporter coupled with the fact that Singapore imports a significant amount of its energy needs, we have not been spared from the skyrocketing petrol prices. But how exactly would the increase in petrol prices impact everyday drivers in Singapore like you? And how substantial would it be for car drivers? Here’s what you need to know about the latest price increases in Singapore, and how you can lessen the impact....