National Petrol Prices Surge Past $2.40 as Iran Conflict Disrupts Oil Routes
The national average price of regular unleaded petrol has climbed above $2.40 a litre for the first time in over six months, as escalating conflict in the Middle East deepens fears of a global oil shortage. According to new figures from the Australian Institute of Petroleum, the average rose by 3 cents over the past week to nearly $2.41 a litre.
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