Australia Braces for Middle East War's Fuel Impact

0:00This is Cory with Sydney News Today, powered by the Daily News Now. Experts warn that Australia needs to brace for a prolonged Middle East war, disrupting global oil supplies, potentially leading to fuel rationing down. The line, fuel prices remain high for motorists, and panic buying has worsened recent shortages by spiking demand. The International Energy Agency stepped in last week, releasing 400 million barrels from emergency reserves among its 32 members. Countries to steady prices and supplies. Suppliers are adapting by converting jet fuel to diesel, but they stress this is temporary if the conflict continues. Industry leaders like longtime fuel operator Peter Anderson, blame panic buying for emptying stations faster than normal, with some sites distributing. 30% more volume last week. He recalls the 1970s crises when even in odd license plate days limited purchases. Professors Samantha Hepburn and retired Air Vice Marshal John Blackburn say rationing could hit diesel first, prioritizing military, farms, and emergency services.

1:07They criticize Australia's reliance on importing 90% of its fuel and just two refineries as a planning failure. For now, officials urge drivers to skip hoarding and stick to routine fills to ease pressure. Until the war resolves, expect elevated pump prices and communities should prepare for lifestyle adjustments. This story is made possible by our sponsor. When you need a moment alone, just lay back and listen. S-O-L-L-I, solely pillow.com