ABC News – Top stories · general
Oil prices drop to $95 a barrel amid US-Iran ceasefire
3 hours ago
Oil prices dropped after US President Donald Trump announced a two-week ceasefire with Iran, falling to about $95 a barrel. However, experts predict Australian motorists will face high petrol prices for weeks, primarily due to a severe diesel shortage, which has surged by 100 percent, affecting both consumers and the broader economy.
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Summary by Glance · Original reporting by ABC News – Top stories
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