What happens when fuel excise cuts end on June 30?
Experts say consumers have 30 days until they pay more at the pump if no peace deal is finalised in the Middle East and the Strait of Hormuz remains closed.
Australians are feeling the pain of higher fuel prices at the petrol pump. (ABC News)
A fuel excise cut designed to temporarily ease the pressure of the oil crisis on Australians is set to expire on June 30.
But there is no clear end date for the conflict and no agreement on how shipping through the strait will be managed.
It means uncertainty over future fuel supplies remains high and prices are unlikely to ease.
Once implemented, prices that rose to about $3 per litre for diesel in some capital cities began to fall significantly.
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