Sky News Business Editor Ross Greenwood says petrol prices have recently “fallen sharply” across Australia.

“Some of the fall is the government halving fuel excise by 22.1 cents a litre,” he said.

“But much of the fall comes as oil prices have eased since the beginning of Russia’s war with Ukraine.”

Extracted in full from: Petrol prices have ‘fallen sharply’ across Australia | — Australia’s leading news site