CRISIS ACTIVE — Hormuz Closure Week 6
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BRENT CRUDE: US$109.24/bbl (+52.4%)WTI CRUDE: US$106.82/bbl (+49.1%)SINGAPORE MOGAS 95: US$89.14/bbl (+38.2%) — AU RETAIL LEADING INDICATORAUD/USD: 0.6234 (-4.8%) — WEAKER AUD = MORE EXPENSIVE FUELNATIONAL ULP AVG: 234.8¢/L (+33%)NATIONAL DIESEL AVG: 287.6¢/L (+59.5%)SHIPS INBOUND: 2 vessels | FUEL INBOUND: 95 MLDIESEL RESERVES: 95 ML | DAYS COVER: 1d inboundSTATION OUTAGES: 312 diesel | 400 petrolSYDNEY: ULP 228¢ | DIESEL 305.8¢MELBOURNE: ULP 233¢ | DIESEL 275¢BRISBANE: ULP 236¢ | DIESEL 280¢PERTH: ULP 222.3¢ | DIESEL 305.2¢HORMUZ STRAIT: ~0 TRANSITS/DAY (NORMAL: 130) — 12% CAPACITY — WEEK 6NATIONAL FUEL SECURITY PLAN: LEVEL 2 | IRAN TRANSIT FEE: US$2M/TANKERNEXT ARRIVAL: CL AGATHA CHRISTIE → MELBOURNE (ETA 5 Apr)BRENT CRUDE: US$109.24/bbl (+52.4%)WTI CRUDE: US$106.82/bbl (+49.1%)SINGAPORE MOGAS 95: US$89.14/bbl (+38.2%) — AU RETAIL LEADING INDICATORAUD/USD: 0.6234 (-4.8%) — WEAKER AUD = MORE EXPENSIVE FUELNATIONAL ULP AVG: 234.8¢/L (+33%)NATIONAL DIESEL AVG: 287.6¢/L (+59.5%)SHIPS INBOUND: 2 vessels | FUEL INBOUND: 95 MLDIESEL RESERVES: 95 ML | DAYS COVER: 1d inboundSTATION OUTAGES: 312 diesel | 400 petrolSYDNEY: ULP 228¢ | DIESEL 305.8¢MELBOURNE: ULP 233¢ | DIESEL 275¢BRISBANE: ULP 236¢ | DIESEL 280¢PERTH: ULP 222.3¢ | DIESEL 305.2¢HORMUZ STRAIT: ~0 TRANSITS/DAY (NORMAL: 130) — 12% CAPACITY — WEEK 6NATIONAL FUEL SECURITY PLAN: LEVEL 2 | IRAN TRANSIT FEE: US$2M/TANKERNEXT ARRIVAL: CL AGATHA CHRISTIE → MELBOURNE (ETA 5 Apr)

INTELLIGENCE FEED

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THE GUARDIAN ENERGYNEUTRAL (0.0)theguardian.com

New North Sea drilling would barely reduce UK gas imports at all, data shows

04 Apr 2026
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THE GUARDIAN ENERGYNEUTRAL (0.0)theguardian.com

How Trump’s Iran war could make the world more reliant on coal

05 Apr 2026
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THE GUARDIAN ENERGYNEUTRAL (0.0)theguardian.com

As Iran war exposes global dependence on fossil fuels, the biggest emitters are reaping the rewards

07 Apr 2026
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THE GUARDIAN ENERGYNEUTRAL (0.0)theguardian.com

‘A surrender to special interests’: alarm as Utah shields fossil-fuel companies

06 Apr 2026
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THE GUARDIAN ENERGYNEUTRAL (0.0)theguardian.com

A new economic superpower could spark a global retreat from fossil fuels | Mark Hertsgaard and Kyle Pope

07 Apr 2026
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THE GUARDIAN ENERGYNEUTRAL (0.0)theguardian.com

BP shareholders advised to vote against chair over climate resolution exclusion

07 Apr 2026
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THE GUARDIAN ENERGYNEUTRAL (0.0)theguardian.com

World held hostage by reliance on fossil fuels, Christiana Figueres warns – and climate health impacts are ‘mother of all injustices’

07 Apr 2026
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THE GUARDIAN ENERGYNEUTRAL (0.0)theguardian.com

Turkey to race ahead of EU on battery storage amid fossil fuel crisis

08 Apr 2026
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THE GUARDIAN ENERGYNEUTRAL (0.0)theguardian.com

UK opening new oil and gas fields would imperil global climate goals, experts say

08 Apr 2026
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THE GUARDIAN ENERGYNEUTRAL (0.0)theguardian.com

Britain breaks solar energy record twice as UK’s biggest solar farm gets approval

08 Apr 2026
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THE GUARDIAN ENERGYNEUTRAL (0.0)theguardian.com

Ed Miliband hold firm! North sea oil and gas drilling won’t help anyone other than Nigel Farage | Zoe Williams

09 Apr 2026
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THE GUARDIAN AUNEUTRAL (0.0)theguardian.com

NSW coalmine given two-year extension despite climate agency warning it jeopardises legislated emissions target

10 Apr 2026
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THE GUARDIAN ENERGYNEUTRAL (0.0)theguardian.com

These enormous wind turbine projects would damage Wales – and all to supply the rest of the UK with energy | Simon Jenkins

10 Apr 2026
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THE GUARDIAN ENERGYNEUTRAL (0.0)theguardian.com

The Iran war is a warning: Britain must build resilience – at home and with our allies in Europe | Keir Starmer

09 Apr 2026
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THE GUARDIAN ENERGYNEUTRAL (0.0)theguardian.com

Record number of homes in Great Britain turn to green energy as fuel prices soar

11 Apr 2026
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THE GUARDIAN ENERGYNEUTRAL (0.0)theguardian.com

An environmental disaster in Moldova has Russia’s fingerprints all over it | Paula Erizanu

11 Apr 2026
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THE GUARDIAN ENERGYNEUTRAL (0.0)theguardian.com

Rolls-Royce secures nearly £600m in UK government cash to develop small reactors

13 Apr 2026
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THE GUARDIAN AUNEUTRAL (0.0)theguardian.com

Trump lashes out at Australia, Japan and South Korea for not helping in Iran war – video

06 Apr 2026
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THE GUARDIAN AUNEUTRAL (0.0)theguardian.com

'That's not a question for me': Albanese on Trump saying Australia 'didn't help' Iran war – video

07 Apr 2026
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THE GUARDIAN AUNEUTRAL (0.0)theguardian.com

Anthony Albanese announces agreement with Singapore to protect mutual energy security – video

10 Apr 2026
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THE GUARDIAN AUNEUTRAL (0.0)theguardian.com

How Trump’s ‘wall of noise’ is changing Australian politics – Back to Back Barries podcast

10 Apr 2026
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THE GUARDIAN AUNEUTRAL (0.0)theguardian.com

Albanese didn’t return with shiploads of diesel. That doesn’t mean his Singapore visit wasn’t a success

11 Apr 2026
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THE GUARDIAN AUNEUTRAL (0.0)theguardian.com

The Iran war has heightened the nuclear and climate threat. Australia must help the world step back from the brink | Chris Barrie

13 Apr 2026
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THE GUARDIAN AUNEUTRAL (0.0)theguardian.com

New relief for households being considered as Albanese government warns of ‘long tail’ from Iran war

12 Apr 2026
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THE GUARDIAN AUNEUTRAL (0.0)theguardian.com

Penny Wong calls failed peace talks between US and Iran ‘disappointing’ and urges resumption

12 Apr 2026
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THE GUARDIAN AUNEUTRAL (0.0)theguardian.com

Chalmers warns of ‘more polarising politics’ – as it happened

11 Apr 2026
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THE GUARDIAN AUNEUTRAL (0.0)theguardian.com

Girl, 13, looked up punishment for running someone over after hitting cyclist in stolen car, court hears

13 Apr 2026
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THE GUARDIAN AUNEUTRAL (0.0)theguardian.com

Australia should set immigration targets to achieve a ‘stable temporary population’, report says

12 Apr 2026
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THE GUARDIAN AUNEUTRAL (0.0)theguardian.com

Afternoon Update: first female chief of army announced; rapist sacked from One Nation; and a show-stopping poodle

13 Apr 2026
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THE GUARDIAN AUNEUTRAL (0.0)theguardian.com

Barnaby Joyce says criminals need ‘redemption’ after Pauline Hanson sacks convicted rapist

12 Apr 2026
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WHY THIS MATTERS
  • Australia imports 90% of its refined fuel from Singapore, South Korea, Japan, and Malaysia
  • Only 2 refineries remain operational: Viva Geelong (VIC) and Ampol Lytton (QLD)
  • Australia has been non-compliant with IEA 90-day reserve targets since 2012
  • Government released 762 million litres from emergency reserves on 13 March 2026
KEY POLICY RESPONSES
  • Fuel excise halved for 3 months from 1 April 2026
  • Anthea Harris appointed Fuel Supply Taskforce Coordinator on 19 March
  • National Fuel Security Plan activated at Level 2 ("Keep Australia Moving")
  • US supply route negotiations underway — first cargoes expected late April
WHAT TRIGGERED THE CRISIS
  • Israel struck Iran's South Pars gas field in late February 2026
  • Iran retaliated against 4 Gulf nations' energy infrastructure
  • Strait of Hormuz effectively closed since late February 2026
  • China and Thailand banned fuel exports; Singapore refineries under force majeure
CRISIS TIMELINE
Late Feb 2026
Israel strikes Iran's South Pars gas field
24 Feb 2026
Strait of Hormuz effectively closed
13 Mar 2026
Australia releases 762ML emergency reserves
19 Mar 2026
Fuel Supply Taskforce Coordinator appointed
30 Mar 2026
Fuel excise halved for 3 months
1 Apr 2026
Excise reduction takes effect
5 Apr 2026
NOW: 29d diesel, 39d petrol remaining
Late Apr 2026
First US supply cargoes expected