(Bloomberg) -- Western Australia invoked emergency powers to force fuel suppliers to provide detailed information on their supply chains, as the nation seeks to manage an ongoing shortage spurred by panic-buying in the wake of the war in Iran.
The state government activated the powers under the Fuel, Energy and Power Resources Act after several companies failed to provide specific data and information on fuel shipments, it said in a statement on Wednesday.
Western Australia is a major global exporter of iron ore, gold and other minerals, as well as of agricultural products including grains and livestock, all of which are reliant on diesel to run their operations. Most of Australia’s fuels are imported, and the conflict in the Middle East has squeezed global supplies, sending prices at the pump to records.
“Despite assurances from major suppliers that fuel shipments are expected to continue to arrive in April at normal levels, the ongoing conflict, the closure of the Strait of Hormuz and other circumstances in the Gulf region have impacted on the distribution of fuel,” the Western Australian government said in the statement.
That’s resulted in some mining and agricultural businesses experiencing shortages, and the distribution of fuel could be further affected “if these circumstances continue,” it said.
More stories like this are available on bloomberg.com
©2026 Bloomberg L.P.
LATEST POSTS
- 1
Fundamental Archives for Beginning Your Business - 2
'A completely new manufacturing frontier': Space Forge fires up 1st commercial semiconductor factory in space - 3
Humpback whale stranded on Germany's Baltic coast frees itself - 4
Dependable Savvy Locks to Update Your Home Security - 5
Experience Unrivaled Sound: Top Speakers You Really want to Hear
The Effect of Online Organizations on Society: Beating the Difficulties
Best Getaway destination: Ocean side, Mountain, or City
Monetary Security: Building Serious areas of strength for an Establishment
Higher cost, worse coverage: Affordable Care Act enrollees say expiring subsidies will hit them hard
Luigi Mangione‘s lawyers say Bondi’s death penalty decision was tainted by conflict of interest
Our 10 favorite Space.com reader astronomy photos of 2025
EU health regulator urges immediate vaccinations amid early surge in flu cases
Astronomers may have spotted the 1st known 'superkilonova' double star explosion
2024's Hot Games: Must-Play Titles of the Year













