{"id":608797,"date":"2026-04-15T16:20:09","date_gmt":"2026-04-15T16:20:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/608797\/"},"modified":"2026-04-15T16:20:09","modified_gmt":"2026-04-15T16:20:09","slug":"aussie-firms-hit-hard-by-the-energy-crisis-southern-cross","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/608797\/","title":{"rendered":"Aussie firms hit hard by the energy crisis | Southern Cross"},"content":{"rendered":"<p><img decoding=\"async\" alt=\"Airlines are among the companies being hit hard by the energy crisis as fuel prices soar. Photo: Joel Carrett\/AAP PHOTOS\" class=\"mx-auto w-full\" fetchpriority=\"high\" src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2026\/04\/1776270009_254_r0_0_800_600_w1200_h678_fmax.jpg\" title=\"Airlines are among the companies being hit hard by the energy crisis as fuel prices soar. Photo: Joel Carrett\/AAP PHOTOS\"\/>Airlines are among the companies being hit hard by the energy crisis as fuel prices soar. Photo: Joel Carrett\/AAP PHOTOS<\/p>\n<p class=\"Paragraph_wrapper__6w7GG\">Multiple Australian companies are warning about the impact of high energy costs driven by the Middle East conflict on their operations.<\/p>\n<p class=\"Paragraph_wrapper__6w7GG\">Here are some of the notable ones and the kind of impact occurring:<\/p>\n<p class=\"Paragraph_wrapper__6w7GG\">* Qantas &#8211; higher jet fuel bills raising costs<\/p>\n<p class=\"Paragraph_wrapper__6w7GG\">* Virgin Australia &#8211; higher jet fuel bills raising costs<\/p>\n<p class=\"Paragraph_wrapper__6w7GG\">* Westpac &#8211; market volatility impacting trading profits, customers facing a weaker economy<\/p>\n<p class=\"Paragraph_wrapper__6w7GG\">* Cleanaway &#8211; higher diesel bills raising costs, impacting annual earnings<\/p>\n<p class=\"Paragraph_wrapper__6w7GG\">* A2 Milk &#8211; supply chain issues, freight costs<\/p>\n<p class=\"Paragraph_wrapper__6w7GG\">* Orora &#8211; glass bottle unit annual earnings cut, production halted at UAE glass plant\u00a0<\/p>\n<p class=\"Paragraph_wrapper__6w7GG\">Here&#8217;s how fuel prices have been buffeted since the crisis began on February 28:<\/p>\n<p class=\"Paragraph_wrapper__6w7GG\">* Oil &#8211; Oil prices have surged as much as 77 per cent since US-led attacks on Iran at the end of February sparked a broader regional conflict<\/p>\n<p class=\"Paragraph_wrapper__6w7GG\">* Jet fuel &#8211; refining costs have soared from around $US20 a barrel to a peak of around $US120<\/p>\n<p class=\"Paragraph_wrapper__6w7GG\">* Australian road user fuel &#8211; diesel and petrol prices have jumped since February, with the former soaring to more than $3 a litre and the latter rising to well over $2<\/p>\n<p class=\"Paragraph_wrapper__6w7GG\">Australian Associated Press<\/p>\n","protected":false},"excerpt":{"rendered":"Airlines are among the companies being hit hard by the energy crisis as fuel prices soar. Photo: Joel&hellip;\n","protected":false},"author":2,"featured_media":608798,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[64,63,99,164],"class_list":["post-608797","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-au","tag-australia","tag-business","tag-economy"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/608797","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=608797"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/608797\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/608798"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=608797"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=608797"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=608797"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}