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Crisis talks over petrol as Middle East war expands after oil island hit (9News)

Press/Media: Expert Comment

Description

Quoted on the divergence between official assurances and observable conditions at the retail level, noting surprise that prices had not risen further and identifying widespread diesel outages at service stations as the more immediate concern while petrol prices were holding. Expressed reservation about the transparency of government reporting on fuel arriving onshore.

Subject

Australian fuel supply reporting, diesel retail outages and emergency reserve releases during Middle East supply disruption.

Period16 Mar 2026

Media contributions

1

Media contributions

  • TitleCrisis talks over petrol as Middle East war expands after oil island hit,
    Degree of recognitionNational
    Media name/outletnine.com.au
    Media typeWeb
    Country/TerritoryAustralia
    Date16/03/26
    DescriptionThis article reports crisis talks convened by the NSW Energy Minister with representatives from transport, agriculture, mining and consumer groups on fuel supply and escalation planning, alongside a compliance blitz on the Fuel Check price monitoring platform following penalties for inaccurate price reporting. Dr Lurion De Mello observes that prices had risen less than he expected, identifies widespread diesel unavailability at service stations as the most pressing concern while petrol prices were holding, and expresses reservation about the transparency of government reporting on fuel arriving onshore. The piece sets this against escalating regional hostilities, including Iranian threats to Emirati ports and strikes on Kharg Island, the International Energy Agency's agreement to its largest ever emergency reserve release of 400 million barrels, and Australia's release of 20 per cent of its petrol and diesel reserves — with official stocks then reported at 37 days of petrol, 30 of diesel and 29 of jet fuel. It also documents the humanitarian consequences of the conflict across Iran, the Gulf states, Israel and Lebanon.
    Producer/AuthorJorge Branco
    URLhttps://www.nine.com.au/world-news/middle-east/us-israel-iran-war-crisis-talks-over-petrol-as-middle-east-war-expands-after-oil-island-hit-20260316-p5oaqg.html
    PersonsLurion De Mello