Strait of Hormuz crisis pushing up fuel prices and disrupting distribution
The edge of Glencore’s Mount Owen coal mine and adjacent rehabilitated land are pictured in Ravensworth, Australia, on June 21, 2022. (Source photos by Reuters)
CANBERRA — Skyrocketing diesel prices and disruptions to fuel distribution are squeezing Australia’s key resource and agricultural sectors, with industry representatives warning that smaller miners and farmers are already facing tough decisions about whether to scale back operations.