If you’ve filled up your car recently, you may have had quite a shock as petrol prices are well above $2 a litre.

You might be surprised to know the current high price of fuel has little to do with the war in Ukraine.

Today, business reporter Nassim Khadem on the forces behind the price hikes and why petrol prices won’t be coming down any time soon.  

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Nassim Khadem, ABC business reporter