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Fuel Shortages and Recession Fears Grip Australia

Primul articol: 16 apr. 2026, 21:44 | Ultima actualizare: 16 apr. 2026, 21:44 | 1 sursa | 1 articol

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Australia is grappling with the dual threat of potential fuel shortages and increasing fears of a recession. These concerns have been amplified by reports of retail decline (5-10% in some areas) and anxieties about possible lockdowns, reminiscent of previous economic disruptions. The situation is particularly acute in Melbourne, where businesses are already feeling the strain.

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Fears of another lockdown amid fuel shortages and recession risk Foto: ABC Australia
ABC Australia English 16 apr. 2026, 21:44 (acum 1 ora)

Fears of another lockdown amid fuel shortages and recession risk

As fuel costs surge and supply fears grow, businesses and households say the economic shock from the war in the Middle East is already hitting home.

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