Saturday, 15 October 2022

Australian fuel prices likely to rise as Opec+ countries cut oil production to ‘squeeze the market’

Cuts by world’s biggest petrol producers will work against other governments’ efforts to tame inflation by releasing fuel stocks

Australian motorists could be hit by higher petrol prices as the world’s largest oil exporting nations cut production, analysts say.

The Australian government reinstated the full fuel excise tax in September after the Morrison Coalition government introduced a temporary, six-month cut to lower the cost of fuel at a time of rising inflation.

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from World news | The Guardian https://ift.tt/3EXevSO

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US and tech firms strike deal to review AI models for national security before public release

Microsoft, Google DeepMind and xAI products to be vetted for cybersecurity, biosecurity and chemical weapons risks The US government has str...