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Diesel Shortages Hit Australia, Global Supply Worries Loom

Published 2 days, 14 hours ago
Description

Energy Minister Chris Bowen reveals diesel shortages at 3.4% of service stations, with New South Wales hit hardest due to Easter demand spike and prioritized fuel deliveries for farmers. Global concerns arise as the Middle East war closes the Strait of Hormuz, disrupting oil supply and causing long-term supply worries. Australias fuel is secure until May, with petrol demand returning to normal, and officials closely monitoring international risks to refill pumps.

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