Post-Strike Petrol Hikes 'Completely Unjustifiable'
Treasurer Jim Chalmers urges ACCC to monitor petrol prices after Iran closed the Strait of Hormuz, disrupting 20% of global oil flows and causing local fuel price surges.
6 Articles
6 Articles
'This must stop': Servos accused of profiteering as petrol prices skyrocket
Australian oil companies are being accused of profiteering off the war in Iran as the average price of unleaded petrol surges well past $2 a litre in Sydney, Melbourne and Brisbane today.Half of the petrol stations in Melbourne today are charging 219.9 cents a litre, while half in Sydney have raised prices to between 217.9 and 223.9 - well in excess of the expected top of their price cycles.Brisbane had the highest average unleaded price of the …
'Overcharging big time': Australian fuel stations accused of ripping off customers amid Iran oil fears
War in the Middle East has already sent the price of petrol up, but a top motoring body says it has risen too soon, and service stations are overcharging customers “big time”. Fuel prices are already on the rise across Australia, amid conflict across the Middle East that has closed a shipping lane used to transport 20 per cent of the world’s oil supply. However, the NRMA motoring organisation says fuel prices in Australian capital cities have r…
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