Fears of more fuel price hikes as Iran takes strategic control of another shipping lane | ABC NEWS

There are fresh warnings about more increases to the price of petrol after an escalation in the war in the Middle East.
It follows a lightning offensive from Iran-backed rebels, the Houthis, in the Red Sea, giving Tehran strategic control of another global oil shipping lane.

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Read more here: https://www.abc.net.au/news/2026-09-11/houthis-advance-along-yemeni-coast-threaten-saudi-oil-exports/107141304

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