Albanese Secures 200 Million Litres of Diesel From Asian Suppliers as Fuel Crisis Bites

Over recent decades amid the wave of globalisation, Australia outsourced most of its petrol, jet fuel, and diesel refining overseas.
Albanese Secures 200 Million Litres of Diesel From Asian Suppliers as Fuel Crisis Bites
A fuel tanker passes the Mobil fuel distribution centre in the Melbourne suburb of Yarraville in Australia on March 12, 2026. William West/AFP via Getty Images
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Australian Prime Minister Anthony Albanese and Energy Minister Chris Bowen say they’ve locked in another 200 million litres of diesel from Asian suppliers.

The move comes as Australia grapples with a fuel crisis triggered by its heavy dependence on Asian refineries that source most of their crude oil from the Middle East.
Monica O’Shea
Monica O’Shea
Author
Monica O’Shea is a reporter based in Australia. She previously worked as a reporter for Motley Fool Australia, Daily Mail Australia, and Fairfax Regional Media. She can be reached at monica.o'[email protected]