Petrol prices reach record high as supply crisis deepens

FUEL RECORD BREAKED

This morning’s hearings were marked by the state of the economy and the global fuel crisis.

Painting a gloomy picture, nine articles He reported that oil prices reached a record average of $2.38 per liter. The report adds that the country’s fuel supplies are “heading towards a cliff” by the end of next month, as “Asian refineries that supply 80% of Australia’s supply deplete their stocks due to the war oil crisis in Iran”.

Ampol’s general manager Matt Halliday “There’s a lot of buffer in the system, but ultimately if this goes on for more than a few weeks you’re going to see pressure on prices and global supply chains,” he is quoted as saying.