(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
The Developing Nearby Food Development and Its Advantages - 2
Watch Blue Origin's huge New Glenn rocket ace its epic landing on a ship at sea (video) - 3
Transform the daily grind to make life more interesting – a philosopher shares 3 strategies to help you attain the good life - 4
Argentina reportedly delaying embassy move over Israeli company's oil project near Falklands - 5
Experience Unrivaled Sound: Top Speakers You Really want to Hear
Grasping Wrongdoings and Crimes: A Correlation
Monetary Versatility: Get ready for Life's Unforeseen Difficulties
NASA just launched Artemis 2. What happens today could make or break the moon mission
Two Indonesian UN peacekeepers killed in explosion in Lebanon
Audits of 6 European Busssiness Class Flights
Best Amusement Park in Europe: Where Do You Very much want to Visit?
Fireball sightings are surging across the US — here's what's really going on
What you need to know about Trump accounts as Michael and Susan Dell donate $6 billion to the new early childhood investment program
Indian Health Service is digging out of decades-old construction backlog for medical buildings













