SMH
·general
·4 hours ago
Asian refineries pay up to $US140 a barrel amid supply crisis
Asian refineries are paying up to $US140 a barrel for crude oil, signaling a worsening supply crisis. Experts warn that soaring premiums threaten fuel costs as geopolitical tensions disrupt shipping in the Strait of Hormuz. In Australia, fuel prices remain elevated despite recent declines, with an average $2.24 a liter noted.
Summary by Glance · SMH
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