The Albanese government is leaving the door open to further extending the fuel excise discount as fighting between the US and Iran again spikes global oil prices.

US-Iran ceasefire lowers crude prices, but Ukraine strikes keep refined fuel costs high. New all-time high for crude by December 31 at 14.5% YES.

According to the International Energy Agency's latest monthly report, refining margins surged to four-year highs in early July as product markets tightened even while crude prices…

Surging crude prices spark worries over fuel costs and delayed rate cuts

The Albanese government is leaving the door open to further extending the fuel excise discount as fighting between the US and Iran again spikes global oil prices.

Oil prices climbed to their highest level in four weeks on Tuesday after the United States reinstated a naval blockade on Iran and intensified military strikes, while Tehran…

Oil prices have continued to rise in the wake of the renewed conflict between Iran and the United States.

Brent crude surged 9.59% over two days to $83.30 as US-Iran military escalation and Strait of Hormuz tanker attacks reignited global supply disruption

Oil prices increased as President Donald Trump reimposed naval blockades on Iranian ports. Iran retaliated with strikes on United States infrastructure in the region. Brent and…

With the price of oil rising and the fuel excise cut due to end, drivers are facing twin threats when it comes to the price of fuel, but experts say Australia is in a much better…

Diesel prices hit $5 a gallon, up 33% since the Iran conflict began. Crude oil reaching a new all-time high by December 31 at 12.5% YES.