Episode Details

Fuel prices in Australia and the US are moving in opposite directions due to the US-Israeli conflict with Iran. Australia saw initial price hikes but has since experienced a drop thanks to a temporary fuel excise tax cut. The US, as a top oil producer and refiner, buffered the early shock better but has seen prices spike to their highest in nearly four years. Diesel prices have also been affected, with Australia seeing a drop and the US experiencing a significant increase. Looking ahead, Australia may see prices climb again in June, while US drivers are already feeling the impact on their wallets and inflation.

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