The Age · general

Australian motorists face prolonged high fuel prices amid geopolitics tensions

1 hour ago

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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Summary by Glance · Original reporting by The Age

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