Australian fuel prices prepares to rise by 30c as global markets react to ‘deadly cocktail

The Guardian — World has covered a development concerning “Australian fuel prices prepares to rise by 30c as global markets react to ‘deadly cocktail,” with the available account limited to the facts included in the supplied text.

Global oil price at its highest since May while investors dump stocks and bonds following Donald Trump’s $5,000 ‘dividend’ promise Follow our Australia news live blog for latest updates Get our breaking news email , free app or daily news podcast Fuel prices are on track to climb a further 20-30 cents per litre over the coming weeks, following the escalating Middle East conflict pushed the global oil price to its highest since mid-May. The report also notes that As investors dumped stocks and bonds in an increasingly febrile environment, Donald Trump’s promise to give every US adult citizen a US$5,000 “dividend” following the November midterms if Republicans win added to alarm around the parlous state of the country’s finances.

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