Australian fuel prices hit six-month highs on US-Iran peace deal impasse
AI Summary
Australian petrol and diesel prices climbed to their highest levels in six months as a US-Iran peace deal remained stalled. Average petrol rose 10 cents per litre and diesel 14 cents in a week, reflecting the fuel-market impact of the impasse.
Average petrol prices climbed 10¢ a litre and diesel rose 14¢ last week to hit their highest levels since the second month of the Iran war.
Conflict Politics Markets Commodities Energy Australia fuel prices petrol diesel Iran US-Iran negotiations