SMH
·general
·5 hours ago
Australian motorists face high fuel prices as Brent oil surges 7%
Australian motorists will face continued high fuel prices following stalled Middle East peace talks. Brent oil prices surged 7 percent to over $100 a barrel, raising concerns of prolonged volatility in global energy markets. Experts caution that Australia’s fuel supplies are unlikely to stabilize soon, with ongoing tensions threatening Iranian oil exports through key shipping routes.
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