Petrol stations in Sydney and Melbourne have increased fuel prices by up to 10 cents per litre following Middle East tensions, despite wholesale fuel being purchased at lower prices. The NRMA accuses retailers of price gouging, claiming drivers are being overcharged by at least 5 cents per litre, while the federal government warns that the ACCC will crack down on unnecessary price hikes. Service stations typically take seven to ten days to cycle through fuel inventory, with some locations requiring up to two weeks in regional areas.
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