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Potholes ahead: Hormuz bitumen blockade set to hit Australian roads (opens original article in a new tab)

TL;DR

Iran's Strait of Hormuz blockade may lead to higher bitumen prices, causing more potholes on Australian roads. Australia is seeking alternative bitumen supplies due to the price increase.

  • Iran's Strait of Hormuz blockade may increase bitumen prices
  • Bitumen price has risen by $500 per tonne
  • Australia is seeking alternative bitumen supplies

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