The Age
·general
·5 hours ago
Australian motorists face prolonged high fuel prices amid geopolitics tensions
Australian motorists will face prolonged high fuel prices after US-Iran peace talks failed on Sunday, raising fears of further escalation. Brent oil prices surged over 7 percent, surpassing $100 a barrel, while regular unleaded reached an average of $2.24 a litre. Experts warn that fuel supply recovery to pre-war levels remains unlikely amid ongoing geopolitical tensions.
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