00:01Well, the latest flare-up of tensions in the Middle East has caused oil to jump to over
00:07US$100 a barrel, and Australians are now bracing themselves to feel the shock of that
00:15at the petrol bowser.
00:16While we've been at petrol stations this morning throughout the inner city in Sydney, unleaded
00:21fuel is sitting at around $1.80 a litre, while diesel is sitting at around $2.20 a litre.
00:28That's not as high as where it has been at its worst cost this year, after the Strait
00:35of Hormuz was blocked by Iran, but Australians are still really nervous about what's to come.
00:41Here's what some Sydneysiders had to tell us this morning.
00:44It really impacts people on a day-to-day basis.
00:48Living costs in Sydney is pretty high as it is, so yeah.
00:51So it's impacting me a lot because rent increases, faeces increases and lifestyle is also increased
00:56and it's impacted a lot of my life.
00:58Yeah, you definitely notice it.
00:59Things are more expensive than they used to be.
01:01There's now pressure on Prime Minister Anthony Albanese to extend the $0.16 a litre fuel excise,
01:08which is meant to end next Sunday, to provide some relief to Australians.
01:14Here's what the NRMA had to say about how these tensions are causing pressure at the bowser.
01:21What we absolutely need is for things to calm down in the Middle East.
01:24We've been saying that now for four months, and unfortunately this week things have actually
01:29spoiled and gotten worse.
01:30Until that happens, we are going to continue to see volatility.
01:34This jump in fuel prices is the latest blow to Australians struggling with the cost of living.
01:40We're going to continue to Fox Stelle.
01:43All right.
01:43All right.
01:44You
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