Fuel Crisis Fades, Prices Drop in Australia

Forget the fuel crisis panic — Australia’s petrol prices are actually lower now than before the Middle East turmoil. Global oil suppliers ramped up, China cut imports, and reserves were tapped, all helping ease the squeeze. We scrambled to secure crude from South Korea and jet fuel rerouted from the US. Prices dipped thanks to over-supply and a temporary tax cut — but with that cut ending soon and inventories still low, experts warn the calm could be temporary. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/2355c9abe9fe8984