Australia’s consumer watchdog has held an emergency meeting with major fuel companies to discuss rising fuel prices and tightening supply.
Global oil prices have surged significantly due to the conflict in Iran, causing an increase in the price of petrol and diesel.
The Australian Competition & Consumer Commission has warned it’s keeping a close eye on companies to ensure price hikes are justified.
SBS News is Australia’s trusted news source for the latest news from Australia and across the world.
Subscribe to the SBS News YouTube channel: https://www.youtube.com/@SBSNews
Follow SBS News on Instagram: https://www.instagram.com/sbsnews_au
Follow SBS News on TikTok: https://www.tiktok.com/@sbsnews_au
Follow SBS News on X: https://www.twitter.com/SBSNews
Follow SBS News on Facebook: https://www.facebook.com/sbsnews
Apple News: https://trib.al/MTx0gUe
For the latest news, visit www.sbs.com.au/news
Network Terms & Conditions: https://sbs.com.au/terms
Privacy Policy: https://sbs.com.au/privacy
Feedback or complaints: https://sbs.com.au/complaints
