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flag Oil prices jumped 25% to $115/bbl amid Iran tensions, raising Australian petrol to $2.50/L and triggering emergency fuel releases.

flag Global oil prices surged 25% to $115 a barrel amid Iran-related tensions, spurring an 8% drop in the ASX and pushing Australia’s petrol prices to $2.50 per litre, prompting emergency fuel releases. flag 88 Energy’s share price more than doubled after announcing a proposed oil hub on Alaska’s North Slope near major fields like Prudhoe Bay, benefiting from rising demand for secure U.S. energy. flag Aguia Resources rose over 71% after securing a key mining concession in Brazil for its Três Estradas phosphate project, clearing a major regulatory hurdle ahead of plant commissioning by late April. flag The Reserve Bank of Australia may consider rate hikes due to inflation pressures, while clean energy momentum stalled and coal stocks regained favor.

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