Australia’s oil price hits three-month low on US-Iran peace hopes
A drop in oil prices is fueling hopes for cheaper fuel at the bowser as the federal government's 32-cent-a-litre discount ends
2 sources
Australia's oil price has hit a three-month low amid growing hopes for peace between the United States and Iran. The decline in international oil prices has raised expectations of relief for domestic consumers.[1][2]
This price drop is fueling hopes for lower prices at the bowser for motorists across the country. The potential relief comes at a critical time for Australian drivers, as the federal government's 32-cent-a-litre fuel discount is coming to an end.[1][2]
