Petrol prices in Australia drop below pre-Iran war levels
Petrol prices in Australia have fallen below pre-Iran war levels, reflecting a more flexible supply response. This comes as the country has increased imports from South Korea and the US and built up fuel reserves. Brent crude dipped below $80 a barrel, indicating potential stabilization amid ongoing concerns about global oil supply disruptions.
Summary by OZbrief Editorial · The Guardian Australia – News · Source
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Published 20 Jun 2026, 20:00 UTC · Updated 20 Jun 2026, 20:10 UTC
Summary by OZbrief Editorial. Original report: The Guardian Australia – News. Editorial policy · Corrections
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