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Petrol stations from Florida to Virginia have begun running dry, with prices at the pump jumping as the shutdown of the biggest US fuel pipeline by hackers extends to a fifth day. Key points: Panic buying has driven demand up by 20 per cent, one tracking firm says Unleaded petrol reached its highest price since November 2014 The FBI accused …
The shutdown will hurt fuel availability, push up prices and force refiners to cut production with no way to ship gas. The privately owned Colonial Pipeline Company said on Monday it was working on restarting in phases with “the goal of substantially restoring operational service by the end of the week.” The attack on the Colonial Pipeline, which carries nearly …