# Australian fuel prices set to rise by 30c as global markets react to ‘deadly cocktail’

https://mins.news/en/item/54115

- The Guardian, 2026-09-11 06:00 UTC
- Economy
- Original: https://www.theguardian.com/australia-news/2026/sep/11/australian-fuel-prices-set-to-rise-by-30c-as-global-markets-react-to-deadly-cocktail

> Australian petrol and diesel prices could rise by 20 to 30 cents a litre in coming weeks after the escalating Middle East conflict pushed Brent crude above $108 a barrel. Investors sold stocks and bonds amid concerns over high energy costs, Donald Trump’s proposed $5,000 dividend and the prospect of further US and Australian interest-rate rises.

## Stories

- [Iran US War and Gulf Escalation](https://mins.news/en/topic/iran-us-war-and-gulf-escalation) — Markdown: https://mins.news/en/topic/iran-us-war-and-gulf-escalation.md

## Related coverage

- [Dollar holds gains, yen slips as Middle East energy shock deepens](https://mins.news/en/item/54112) — Reuters, 2026-09-11
- [Oil Hits $105 as Iran Shows No Signs of Backing Down](https://mins.news/en/video/53151) — Bloomberg Television, 2026-09-10
- [Brent oil tops $100 as Middle East conflict intensifies, stoking supply fears](https://mins.news/en/item/51406) — Reuters, 2026-09-09
- [Global stocks slide as Brent crude surpasses $100 a barrel](https://mins.news/en/item/51314) — Al Jazeera, 2026-09-09
