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Rising Petrol Prices in Singapore
By My Sweet Retirement  •  March 22, 2026
Singaporeans have been feeling the sting at the pump once again, as petrol prices surge to levels not seen since the Ukraine crisis. The ongoing Iran war has disrupted global oil supply routes, triggered market panic, and pushed oil prices Singapore motorists rely on to new highs. For drivers, private‑hire operators, and businesses, the question is no longer whether prices will rise, it is how long this painful trend will last and where to find the cheapest petrol in Singapore today. This in‑depth guide explores why the Iran conflict has such a dramatic impact on oil prices Singapore depends on, how petrol retailers are responding, and which stations currently offer the lowest pump prices. Whether you are a daily commuter or a private‑hire driver clocking long hours, understanding the forces behind these price hikes can help you make smarter decisions at the pump.

How the Iran War Triggered a Surge

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By My Sweet Retirement
I am a working salaried professional in my mid 30s. Just like most Singaporeans, I worked long office working hours, often trying very hard to find some work life balance. The Sweet Retirement Blog was created to share my journey towards achieving a comfortable retirement life. I believe we cannot simply rely solely on our Central Provident Fund savings when reaching old age. Neither can we rely solely on our bank savings as we all know the interest rates cannot beat inflation.
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