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Australians brace for higher fuel prices as US-Iran conflict resumes (again)

By Kevin Morrison, Industry Fellow, Institute for Sustainable Futures, University of Technology Sydney

Iran and the United States have ended their fragile peace agreement, signed only a month ago, with the exchange of missile fire.

Once again, this halts the flow of oil and gas through the Strait of Hormuz and puts major oil importers like Australia on tenterhooks. And this time could be worse than before.

Ukraine’s drone attacks on Russian refineries have…

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