Story perspectives

Australia Faces Petrol Crisis Amid Middle East Conflict

3/13/2026

Summary

Story summary

Petrol prices in Australia have surged due to the Middle East war, exceeding US$100 per barrel, and rural areas face supply issues.
The government will relax fuel quality standards for two months, and Ampol will redirect petrol supply to areas experiencing shortages.
The government will release 100 million litres into the domestic supply.
The International Energy Agency (IEA) plans to release 400 million barrels from reserves to mitigate the crisis.

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Story summary

Petrol prices in Australia have surged due to the Middle East war, exceeding US$100 per barrel, and rural areas face supply issues.
The government will relax fuel quality standards for two months, and Ampol will redirect petrol supply to areas experiencing shortages.
The government will release 100 million litres into the domestic supply.
The International Energy Agency (IEA) plans to release 400 million barrels from reserves to mitigate the crisis.