Perth Fuel Crisis: Government Considers Price Caps

0:00It's March 11th, here's your Sydney news in two minutes. Fuel prices in Perth are skyrocketing right now, jumping more than 60 cents per liter in just one week to an average of $2.27 cents, with some stations hitting $2.45. This surge ties directly to global oil market chaos from the Middle East War, sparked by United States and Israeli strikes on Iran back on February 28th. Foreign Australia's government is now considering a rare power to temporarily cat petrol prices and curb potential gouging by retailers. These controls, unique to the state, haven't been used since the Fuel Watch website launched in 2001. Premier Roger Cook calls the laws outdated from a bygone era, but officials say nothing is off the table. Farmers and regional areas are feeling the pinch hardest, with some stations rationing fuel for emergencies only, and suppliers cutting back, deliveries. One coach and a farmer could only get 10% of his usual 20,000 liter order, forcing tough

1:01calls on seating crops, while others near. Manjimub debate halting operations altogether, due to diesel shortages. This afternoon, the premier and ministers are holding an urgent fuel security roundtable with industry reps, farmers, and transport folks to assess the situation. Many General Tony Bouti stresses listening to stakeholders and clarifying there's no wheel supply shortage, just panic buying driving up demand. Meanwhile, opposition leader Basil Zimpelis is pushing for straight talk on fuel stocks and any rationing plans, while officials urge drivers to shop, around noting some regional spots even have cheaper prices than Perth today. DNN is brought to you by our sponsor link in the description, a pillow that plays your sound quietly, comfortably, effortlessly, built for nighttime listening, S-O-L-I-SoliPillow.com.