Swedish petrol prices jump sharply in wake of drone attacks

Swedish petrol prices jump sharply in wake of drone attacks
Refuelling your car will cost you much more today than yesterday or the day before. Photo: Leif R Jansson/TT
A litre of petrol costs more than half a krona more today than it did on Sunday.

Sweden's leading petrol companies on Tuesday raised petrol prices by 0.40 kronor (approximately $0.041) a litre and diesel by 0.30 kronor a litre.

It comes just after a 0.15 kronor hike on Monday, which in turn followed a spike in prices on the global oil market after several Saudi Arabia oil refineries were attacked by drones on Saturday.

A litre of unleaded petrol on Tuesday cost 15.93 kronor at the pump at staffed fuel stations run by Circle K, according to the company's guideline prices for Sweden. A litre of diesel cost 16.68 kronor.

Other fuel station chains were expected to also raise their prices.

READ ALSO: Sweden scraps austerity tax – here's what that means for you

The price of a barrel of North Sea oil (Brent) went up by another three dollars from Monday noon to Tuesday morning – corresponding to a four percent increase to $68.6 per barrel.

It increased almost $12 a barrel on Monday, reaching a peak of $71.95, before falling overnight.

Iran-aligned rebel army the Houthis, who are fighting a Saudi-led coalition in Yemen, claimed responsibility for the attack. But the US has sought to put the blame solely on Iran – which says it was not involved – and President Donald Trump on Monday said his government was “locked and loaded” and ready to respond.

Vocabulary

petrol – bensin

diesel – diesel

petrol station – bensinstation

unleaded – blyfri

oil – olja

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