Commodities

Australia Reduces Fuel Tax Amid Global Supply Disruptions

By Bullbit Editorial · March 30, 2026

• WhatAustralia cuts fuel tax by half for three months.
• WhyMiddle East conflict squeezes global fuel supply.
• SignalGovernment aims to ease financial burden on consumers.
• TargetReducing fuel costs to alleviate economic stress.
• RiskDependence on imported fuel remains a concern.

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