Fresh hopes for fuel price relief | Sunrise

By Sunrise

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World leaders have announced the release of 100 million barrels of oil from global reserves in response to fuel price increases driven by conflicts in the Middle East. Australia is particularly vulnerable as the world's largest importer of refined diesel, with underlying supply issues including global refining capacity shortages and geopolitical tensions expected to persist beyond this short-term measure. Get the latest news » https://7news.com.au 7Plus » https://7plus.com.au/ More from Sunrise » https://sunrise.com.au Subscribe to Sunrise » https://7news.link/SunriseSubscribe Subscribe to the Sunrise newsletter » http://7sunrise.link/Newsletter Connect with Sunrise online: Facebook » https://www.facebook.com/Sunrise Instagram » https://www.instagram.com/sunriseon7/ TikTok » https://www.tiktok.com/@sunriseon7 X » https://x.com/sunriseon7 #SunriseOn7 #7NEWS

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