EconomyAustralian diesel prices could top $3 a litre if Trump cuts US exports
Australian diesel prices could rise above A$3 a litre if Donald Trump’s administration bans US diesel exports amid stalled negotiations with Iran. Prices have climbed nearly 40 cents this month as Middle East hostilities disrupt supply. A ban could intensify competition for Asian shipments, raising inflation risks and pressure for higher interest rates.
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TThe Guardian★★★★☆2026-09-24 06:18Original
Australian diesel prices could top $3 a litre if Trump cuts US exports
Economy