Australia's Petrol Prices Soar to Record High
Sydney News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Australia faces record-breaking petrol prices as Asian refineries, supplying 80% of fuel, risk running dry by April due to the Iran conflict. Chinas diesel export halt and Ampols supply warnings exacerbate the situation. Despite 81 shipments en route, prices surge 27% since February 28. Energy Minister Bowen temporarily lowers diesel standards to ease the crisis.
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