Energy Minister Chris Bowen cites 2023 stockpiling laws as a shield against soaring prices.

Clinton Maynard blasts Chris Bowen for blaming the previous administration for refinery shortages four years into their term.

AMP Chief Economist Shane Oliver warns that the “snowball effect” of rising global oil costs and domestic indexing could push inflation toward 4.6%, forcing the Reserve Bank’s hand on interest rates.

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