Fuel shortages grip Australia as Strait of Hormuz crisis cuts oil shipments

Australia is facing a mounting fuel crisis triggered by the fallout from Iran's closure of the Strait of Hormuz amidst escalating regional tensions. Hundreds of service stations nationwide are running dry, with petrol and diesel prices climbing sharply. The federal government has responded by releasing emergency reserves, reducing fuel excise taxes, and implementing a national fuel security plan, but supply chains remain under strain as oil shipments to Australia face widespread cancellations an