Aussie Petrol Stations Plead for Crackdown on Fuel Wholesalers
Independent petrol stations and miners in Australia urge the government to take action against major wholesalers hoarding fuel supply and cutting off smaller operators.
Aussie Petrol Stations Plead for Crackdown on Fuel Wholesalers
Independent petrol station operators and miners in Australia are urging the federal government to crack down harder on major fuel wholesalers who are hoarding supply and withholding deliveries from smaller retailers. The disruption is being exacerbated by the ongoing conflict in Iran, which has caused oil prices to soar above $120 per barrel and diesel prices to skyrocket in Australia.
Outlets that rely on the spot market for fuel, rather than long-term supply contracts, are among the hardest hit. These small operators have asked the government, including the new fuel supply tsar, for additional support and intervention to address the imbalance in the market. Vegetable growers, miners, and other businesses are warning of significant disruption due to the rising petrol prices and lack of fuel availability, especially in rural and regional areas.
Source: The Guardian
