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AAP
AAP
Nick Wilson

'Perfect storm': fuel uncertainty threatens food prices

John Lowe Australia Petrol United States
Transport costs for groceries could rise, as farmers and truckers struggle to get enough fuel. (Dan Himbrechts/AAP PHOTOS)

Conflict in the Middle East may drive up grocery prices as farmers struggle to secure affordable fuel.

With global oil prices surging, diesel suppliers are prioritising long-term contracts and holding back extra fuel, reducing availability on the spot market.

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