The Guardian Australia
·general
·2 hours ago
Cheaper petrol prices set to hit Australia as oil supply eases
Cheaper petrol prices could reach Australia within a week after Iran reopened the strait of Hormuz, easing global oil supply disruptions. Fuel costs have dropped about 10% this month, with wholesale prices falling further expected following trading on Monday. The Australian government confirmed 46 days of petrol reserves and 31 days of diesel, minimizing supply concerns.
Summary by Glance · The Guardian Australia
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