‘Clear and present danger’: fuel prices could rise by 30c a litre across Australia under IMF scenario

IMF’s World Economic Outlook shows how a worsening Middle East crisis could affect global growth and inflation Follow our Australia politics live blog for latest updates Get our breaking news email , free app or daily news podcast An International Monetary Fund scenario where global oil prices jump to US$130 a barrel over coming months could push Australian petrol prices up by another 30 cents pe…