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Australia releases fuel reserves amid regional crisis

Australia releases fuel reserves amid regional crisis

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Australia releases 700 million litres of petrol and diesel from national reserves as regional fuel stations run dry, leaving farmers and truck drivers without supply. Deputy Prime Minister Richard Miles confirms the fuel should reach consumers within days, with particular emphasis on regional areas most affected by the shortage. The government is monitoring potential inflationary pressures from the Middle East conflict, including packaging cost increases of up to 50%, while the ACCC works to prevent price gouging.

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