Iran has set ablaze two tankers in Iraqi waters as it increased attacks on oil and transport facilities across the Middle East
Iran escalates attacks on infrastructure and transport across the Gulf
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The Australian government has announced a temporary downgrade in the country’s fuel quality standards, a move designed to put an extra 100m litres a month into the system.
Federal energy minister Chris Bowen told parliament that in order to assist with putting downward pressure on prices, the government would allow a 60-day change to allow higher sulfur levels in fuel.
