Dozens of Australian petrol stations run out of fuel as panic-buying continues

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Dozens of Australian petrol stations are experiencing fuel shortages due to panic-buying triggered by the ongoing conflict in the Middle East. The increased demand is straining distributors' ability to maintain supply. The NRMA reports that wholesale demand is contributing to soaring fuel prices in Sydney, Melbourne, and Brisbane. They also suggest regulators failed to prevent these price increases. The NRMA warns that these high prices may become permanent on Australia's east coast.
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