{"id":536153,"date":"2026-03-12T19:25:15","date_gmt":"2026-03-12T19:25:15","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/536153\/"},"modified":"2026-03-12T19:25:15","modified_gmt":"2026-03-12T19:25:15","slug":"australia-warned-of-food-shortages-within-weeks-as-fuel-reserves-run-low-albanese-govt-refuses-to-rule-out-supply-running-dry","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/536153\/","title":{"rendered":"Australia warned of food shortages &#8216;within weeks&#8217; as fuel reserves run low, Albanese govt refuses to rule out supply running dry"},"content":{"rendered":"<p>Australia\u2019s limited fuel reserves could cause food shortages within weeks due to the Middle East conflict, as the Albanese government refuses to rule out supply running dry.<\/p>\n<p>It comes after revelations that the country has just <a class=\"body-link\" href=\"https:\/\/www.skynews.com.au\/australia-news\/politics\/50-days-net-import-cover-australia-well-below-90day-oil-buffer-as-middle-east-conflict-deepens\/news-story\/908777dd8ac983452105a5e50d5f14a5\" data-tgev=\"event119\" data-tgev-container=\"bodylink\" data-tgev-order=\"908777dd8ac983452105a5e50d5f14a5\" data-tgev-label=\"australia-news\" data-tgev-metric=\"ev\" rel=\"nofollow noopener\" target=\"_blank\">26 days of automotive gasoline and 25 days of diesel in onshore reserves.<\/a><\/p>\n<p>The fragile position has raised alarm among experts as the Strait of Hormuz &#8211; which transports about 20 per cent of the world\u2019s oil supply &#8211; has been shut.<\/p>\n<p>In response, the International Energy Agency announced it would release 400 million barrels of oil from emergency reserves &#8211; equivalent to four days of global oil supply.<\/p>\n<p>Former director of war studies for the Australian Army Albert Palazzo told SkyNews.com.au that the US-Iran War carried serious risks for Australia.<\/p>\n<p>\u201cThere are a lot of risks\u2026 We&#8217;re already seeing early signs of one of those risks playing out in Australia, which is the vulnerability of our liquid fuels,\u201d he said.<\/p>\n<p>\u201cNow, when this first occurred, the government said that it will be a 30-day supply of liquid fuels. Some have said it was 36. But whatever the number is, it&#8217;s getting smaller.\u201d<\/p>\n<p>Mr Palazzo said the consequences of the Strait of Hormuz\u2019 closure meant that the fuel supply chains were not flowing.<\/p>\n<p>\u201cAustralia is going to run through its reserves of fuel very quickly and within a matter of weeks, we may be seeing shortages showing up in supermarkets of food,\u201d he said.<\/p>\n<p>\u201cWe may see farmers being unable to plant their winter wheat because they can&#8217;t get diesel.<\/p>\n<p>\u201cWe may be seeing emergency vehicles unable to operate because they cannot get the fuel they require.<\/p>\n<p>\u201cSo, the risks from this war are significant for Australia and the American government seems to not have taken that into account.\u201d<\/p>\n<p>Meanwhile, during parliamentary Question Time, the <a class=\"body-link\" href=\"https:\/\/www.theaustralian.com.au\/nation\/iran-latest-trump-says-war-could-end-soon-as-nothing-left-to-target-iea-agrees-to-record-oil-release\/live-coverage\/fe20906007c8d2d74c96b6d2f61bb556\/#\/entry\/14815264\" rel=\"noopener nofollow\" target=\"_blank\" data-tgev=\"event119\" data-tgev-container=\"bodylink\" data-tgev-order=\"14815264\" data-tgev-label=\"nation\" data-tgev-metric=\"ev\">Albanese government refused to guarantee<\/a> that Australia would not run out of fuel if the conflict drags on.<\/p>\n<p>Asked to guarantee fuel supply, Resources Minister Madeleine King said: \u201cWhat I will guarantee to the Australian people is they will be far better placed\u2026 with this government.\u201d<\/p>\n<p>Energy Minister Chris Bowen said the government had already begun implementing emergency measures to boost domestic supply.<\/p>\n<p>He confirmed the government would temporarily lower fuel quality standards for 60 days to allow additional petrol to be redirected into the domestic market.<\/p>\n<p>Liberal MP for the rural electorate of Grey Tom Venning told SkyNews.com.au that regional jobs and food production would be seriously impacted by fuel shortages.<\/p>\n<p>\u201cPlanting season is about to begin and farmers rely on diesel to get crops in the ground. It takes around 5 litres of diesel per hectare to plant a crop,\u201d he said.<\/p>\n<p>\u201cIf farmers can\u2019t access fuel at the right time, the crop simply won\u2019t go in, and that flows through to job losses, reduced production and higher food prices.\u201d<\/p>\n<p>Mr Venning added that tightening fuel supply put regional jobs and food production on the line first.<\/p>\n<p>\u201cIn regional Australia fuel shortages aren\u2019t theoretical. Industries like fishing, farming and freight depend on reliable fuel supply every day,\u201d he said.<\/p>\n<p>Shadow defence minister James Paterson said many Australians believed the government was dismissing legitimate concerns about fuel disruptions.<\/p>\n<p>\u201cI think a lot of Australians feel like they&#8217;re being gaslit by this government,\u201d Mr Paterson said.<\/p>\n<p>\u201cThey&#8217;re being told that there&#8217;s nothing to see here\u2026 And if there are any issues it&#8217;s Australians&#8217; fault for wanting to buy too much petrol and diesel.\u201d<\/p>\n<p>The government and opposition have both called on the public not to panic buy gasoline, as this could have an impact on supply and price.<\/p>\n<p>Treasurer Jim Chalmers said the government was working with regulators and industry to manage supply chain pressures.<\/p>\n<p>\u201cWe\u2019ve been speaking with the ACCC about is making sure that there are no restrictions on the fuel companies working together to fill these gaps,\u201d he said.<\/p>\n<p>\u201cBecause of the competition laws, they need exemptions to be able to work together to fill and meet these challenges in the supply chain.\u201d<\/p>\n<p><img decoding=\"async\" class=\"poster-img\" src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2026\/03\/d9b5bae727c2a719618e9d58e17b96bf.jpeg\" data-sctrack=\"op-poster-img\" alt=\"Government taking \u2018important steps to crack down\u2019 on retailers hiking up fuel prices\" fetchpriority=\"high\"\/><\/p>\n<p>Mr Chalmers said ministers were in regular discussions with the fuel industry and agricultural groups including the National Farmers&#8217; Federation.<\/p>\n<p>\u201cWe know that whether it&#8217;s petrol, diesel or fertiliser, there are pressures on supply chains, not because the overall level of supply is deficient, but because there are pressures in very local areas,\u201d he said.<\/p>\n<p>\u201cAnd so ministers in the government meet daily and confer regularly with the industry and the regulators to make sure we&#8217;re addressing these concerns.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"Australia\u2019s limited fuel reserves could cause food shortages within weeks due to the Middle East conflict, as the&hellip;\n","protected":false},"author":2,"featured_media":536154,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[16169,64,8931,63,176058,206980,258948,44,256432],"class_list":{"0":"post-536153","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-australia","8":"tag-albanese-government","9":"tag-au","10":"tag-auspol","11":"tag-australia","12":"tag-fuel-shortage","13":"tag-iran-war","14":"tag-middle-east-conflict","15":"tag-news","16":"tag-us-iran-war"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/536153","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=536153"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/536153\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/536154"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=536153"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=536153"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=536153"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}