The government is urging people to carry on as normal despite fuel shortages, because it knows that panic will make matters worse. But it may need to consider more drastic economic intervention.
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The government is urging people to carry on as normal despite fuel shortages, because it knows that panic will make matters worse. But it may need to consider more drastic economic intervention.
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American flyers still smarting from interminable airport security lines are about to get another shock
Governments around the world have introduced measures to limit the impact of price increases.
Diesel stocks would last about six months if Australia's imports dropped by 20 per cent, according to modelling compiled for the federal government early in the Middle East war.
The federal government is not expected to publicly nominate a clear trigger point for fuel rationing, despite internal modelling outlining potential thresholds.
Australia's leading motoring organisation is urging drivers to fill up with E10 fuel in an effort to conserve national fuel supplies. But what exactly is E10? And could it help ease the current fuel crisis?
US companies including Microsoft, Google and Apple could be targeted, while Donald Trump urges the world to buy American fuel.