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Government says Australia has locked in another month's worth of fuel, but consumers brace for higher prices

Petrol stations facing fuel shortage as demand surges

A taxi driver refueling for his taxi on March 27, 2026 in Melbourne, Victoria, Australia Source: SIPA USA / TMHK via Nexpher Images/Sipa USA/AAP Image

The government says Australia has locked in another month's worth of fuel, as consumers and motorists brace for higher prices.


Published

Updated

By Rayane Tamer, Sydney Lang

Presented by Edinel Magtibay

Source: SBS



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The government says Australia has locked in another month's worth of fuel, as consumers and motorists brace for higher prices.


Key Points

  • With US President Donald Trump again lashing out at Iran, the government warns the impacts of this war could at best stretch on for months.
  • Diesel shortages continue, with over 270 service stations affected.
  • ACCC monitoring fuel stations over failure to pass on tax cuts

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