Australians can expect high fuel costs to linger for far longer than the war in Iran

🤖AI Özeti

Australians are facing unprecedented fuel costs, with diesel prices surpassing $3 a litre in most capital cities. The impact of the ongoing war in Iran, combined with rising inflation and unemployment, suggests that the economic strain could be more severe than the post-Covid cost-of-living crisis. Truck drivers and farmers are expressing concerns that they may go out of business if they cannot renegotiate contracts, which could lead to higher food prices in supermarkets.