Don't panic: motorists warned against stockpiling fuel
By Tess Ikonomou
Motorists are being urged to resist stockpiling fuel at home as the Iran war threatens a global fuel shortage.
Australia is considering deploying troops to the Middle East to help protect Gulf states against Iranian drone attacks as the conflict escalates.
Shipping has been disrupted with the closing of the strait of Hormuz, one of the world’s most important oil corridors.
Oil companies are accused of jacking up the price of fuel as the average price of unleaded petrol soared past $2 a litre in Sydney, Melbourne and Brisbane.