Fuel supply cliff to hit at end of April as petrol prices in Australia hit record highs

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Source: The Age
Published: 2026-03-24 16:05 UTC+10:00
Section: Politics / Federal
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Transport, Middle East, Military & Defence, Australia, Iran, Energy, War & Conflict
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Snippet:
Petrol prices have hit a record high of $2.38 a litre, as Australia’s fuel supplies are set to hit a cliff by the end of April when the Asian refineries that deliver 80 per cent of Australia’s supply exhaust their inventories due to the Iran war oil crisis.
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