Australia’s Energy Minister, Chris Bowen, stated that rural and regional areas are experiencing "real and unacceptable shortages" of fuel, driven by the surge in global oil prices due to the US-Israel war with Iran.
Oil prices on Monday had pared a massive advance in a roller-coaster session that initially saw them soar to near $120 a barrel amid panic over supply disruptions from the Iran conflict.
14 Mar 2026-11:33
