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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.

Summary by PerthNow
Petrol prices are on the rise across Sydney and Melbourne after the military strikes on Iran, but the NRMA says the increases can't be justified.

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9News broke the news in Australia on Wednesday, March 4, 2026.
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