Fuel Prices Rise Amid Middle East Tensions | Adelaide News

Tensions between Iran and the U.S. near the Strait of Hormuz are sending oil prices soaring past $100 a barrel, triggering a 3-cent jump in Australian unleaded fuel prices—now at $1.85 per litre. While still far from April’s record highs, these hikes ripple through every sector, from transport to groceries. The federal fuel tax cut of 16 cents per litre remains active until August 2nd, offering some relief. Avoid panic buying—what happened before only inflated prices unnecessarily. Shop around, compare deals, and remember: even EV drivers feel the squeeze as higher fuel costs impact everything from commutes to business viability. Listen in comfort:Get a discount on a Soli Pillow: http://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/360c2fa86638e704