Australia Fuel Shortage March 12: ACCC Probes Price Spikes, Rationing

Australia Fuel Shortage March 12: ACCC Probes Price Spikes, Rationing

Fuel shortages Australia has moved from headline to hard reality this week. Retailers are rationing sales, some independent distributors are cut off, and wholesale prices are jumping. The ACCC has called an emergency meeting on suspected price spikes and diesel distribution strains. The government cites record stockpiles of about 36 days of petrol and 34 of diesel, yet near‑term logistics are tight. We explain the drivers, the likely 40c/L risk, sector impacts, and what investors should watch now.

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