Australia to Cut Fuel Tax to Shield Drivers From Iran Impact

Australia to Cut Fuel Tax to Shield Drivers From Iran Impact

Australia will temporarily halve its tax on fuel to shield consumers from the impact of global prices, which have surged as a deepening conflict in the Persian Gulf upends supply.

(Bloomberg) Australia will temporarily halve its tax on fuel to shield consumers from the impact of global prices, which have surged as a deepening conflict in the Persian Gulf upends supply. THIS C… [+4897 chars]