SYDNEY — Australian motorists are paying an average of AUD 2.03 per litre for unleaded petrol as of mid-April 2026, with global Brent crude oil prices hovering near US$95 per barrel after sharp swings triggered by Middle East tensions and a fragile ceasefire,…
Australia Petrol Prices Hit $2.03/L Amid Oil Market Volatility: What Drivers Face Today in 2026
Australia faces soaring petrol prices at AUD 2.03/L in April 2026 due to Brent crude oil volatility near US$95/barrel, driven by Middle East geopolitical tensions. This economic disruption impacts fuel-dependent supply chains, logistics, and consumer spending, with potential cascading effects on transportation and retail sectors.