Australian Energy Minister Addresses Petrol Shortage and RBA Rate Hike Speculation

Australia news live: Chris Bowen says petrol reserves won’t ease shortages straight away; RBA tipped to hike rates

Energy minister says it will take ‘some time’ for extra supply to reach regional areas. Follow today’s news live Get our breaking news email, free app or daily news podcast The energy minister, Chris Bowen, says it will take “some time” for the petrol and disesel released from Australia’s domestic stockpile to reach areas hit by shortages. On Friday, the Albanese government directed fuel companies to release nearly a fifth of reserve petrol and diesel supplies. Dozens of service stations ac...

By Guardian Staff