Australia Diesel Prices Hit Record High as Fuel Crisis Disrupts Easter 2026

Australia imports around 90% of its petrol, diesel, and jet fuel. When global supply chains break down, Australians feel it fast and that is exactly what has happened in 2026. The crisis intensified in March when Iran effectively closed the Strait of Hormuz, choking off roughly one-fifth of global seaborne oil trade and exposing Australia’s […]