For the first time since 2022, Australia will dig into its petrol reserves

Australia releases petrol and diesel from emergency reserves

For the first time since 2022, Australia will dig into its petrol reserves

The Australian government will release 20% of its stock of fuel reserves to help the country's shortage, triggered as a result of panic buying. It's the first time the minimum stockpile has been tapped into since 2022, and eats into the country's one month long supply.

Australia Using Emergency Fuel Stocks

Australia Using Emergency Fuel Stocks In short: Australia has released emergency fuel reserves as global tensions threaten supply chains, highlighting long-standing concerns about the country’s fuel security. In Wyndham, petrol prices are currently hovering between $2.17 and $2.40 per litre as pressure builds across the market. Wyndham Advertiser E…