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Track the latest data on fuel prices, outages and oil tanker deliveriesFollow our Australia news live blog for latest updatesGet 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 crises 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...

Rationing is not under consideration yet as hundreds of retailers report being without one or more types of fuelGet our breaking news email, free app or daily news podcastPetrol stations are reporting a surge in demand of up to 25% in the last fortnight alone on top of already major spikes earlier in the Iran war as Anthony Albanese comes under pressure to devise a national plan to cushion Australia against the “biggest energy crisis in history”.The Australasian Convenience and Petroleum Marketers Association has revealed the scale of the demand on retailers, which has left hundreds of stations across the country without one or more types of fuel. Continue reading...

Businesses ranging from vegetable growers to miners warn of disruption from rising petrol prices and lack of supplyGet our breaking news email, free app or daily news podcastIndependent petrol station operators and miners are urging the federal government to crack down harder on major fuel wholesalers hoarding supply and withholding deliveries from smaller operators.Amid growing disruption from the Iran war, smaller operators are running out of fuel, including in rural and regional areas. Outlets that buy petrol on the spot market, and do not operate with longstanding contracts for fuel supply, have asked for extra help, including from the government’s new fuel supply tsar. Continue reading...

Chris Bowen says move aimed at accessing fuel imports from markets with lower burning temperatures, including the US, Canada and EuropeGet our breaking news email, free app or daily news podcastAustralia’s diesel standards have been temporarily lowered as the federal government rushes to shore up fuel supply, with hundreds of service stations running empty and warnings deliveries from key Asian suppliers could slow as soon as early April.The energy minister, Chris Bowen, said on Tuesday the government had lowered the technical threshold for diesel, known as the flashpoint, in order to access supply from imports from markets with marginally lower burning temperatures, including the US, Canada and Europe. Continue reading...

Energy minister Chris Bowen says ‘we’re a long way’ from further action like fuel rationing despite shortagesHundreds of service stations across Australia have run out of fuel, with the federal government inking a deal with Singapore, one of our biggest sources of refined petroleum, to keep supplies of diesel and gas flowing.Concerns are now broadening to supplies of fertiliser and other chemicals, heaping more pressure on the Albanese government’s leveraging of overseas exports of coal and gas in a bid to handle of the crisis. Continue reading...

NRMA says record-high fuel may be here to stay in Sydney, Melbourne and Brisbane after prices soared early in the Middle East conflictFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastDozens of service stations across Australia have run out of petrol as distributors struggle to keep up with customers panic-buying as the conflict in the Middle East continues to disrupt prices.The NRMA has warned regulators “missed” the chance to stop price hikes, as booming wholesale demand pushes fuel prices to a “permanent high” on the east coast. Continue reading...