After today’s announcement by Scott Morrison imposing immediate sanctions on Russia, it remains to be seen what the fallout will be.

The war in Ukraine could have a flow-on effect on petrol prices in Australia.

With prices already skyrocketing Peter Khoury from the NRMA told Jim Wilson, “they’re gonna go higher”.

“So much of our industry relies heavily on diesel.

“Across all levels, it’s bad for the economy.”

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Image: Getty