A proposal has been made to introduce a mechanism that would help regulate fuel prices. This suggestion comes from a former labour leader. The idea is to create a reserve that can cushion the effects of fluctuations in global oil prices.

Further details about this proposal are available. It is intended to help stabilise prices and reduce the impact of external factors on the price of petrol.

The full story can be found through a link provided by the source, which offers more information on the proposal and its potential implications.