"Fuel Crisis Deepens in Australia: Will We Run Out of Gas? Australia is facing a severe fuel shortage, with hundreds of service stations across the country running dry and prices skyrocketing. The crisis has been exacerbated by Iran's closure of the Strait of Hormuz, a critical waterway through which a significant portion of the world's oil is transported. As a result, oil shipments to Australia have been cancelled, leaving the nation scrambling for alternative fuel supplies. The federal government has attempted to mitigate the situation by releasing fuel reserves, cutting excise taxes, and rolling out a national fuel security plan, but the situation remains dire, with many Australians facing fuel shortages and uncertainty about when supplies will return to normal."
How much fuel does Australia have left today, and when could we run out? Track how much petrol and diesel prices have risen near you in Sydney, Melbourne and across the country.Get our breaking news email, free app or daily news podcastHundreds of service stations across Australia have run empty, fuel prices are elevated and oil shipments have been cancelled.Australia is battling a fuel crisis as Iran’s closure of the strait of Hormuz continues to bite. The federal government has released fuel reserves, cut fuel excise taxes and rolled out a national fuel security plan. Continue reading...
