Reader callout: are you feeling the petrol pinch in Australia, and how is it affecting you?
Have you cancelled a holiday? Are you working from home more or taking fewer journeys? Tell us your experienceGlobal oil market prices have surged, with the US-Israel war on Iran disrupting key shipping routes. The strait of Hormuz, where as much as a fifth of global fuel supply travels through,...
<p>Have you cancelled a holiday? Are you working from home more or taking fewer journeys? Tell us your experience</p><p>Global <a href="https://www.theguardian.com/world/2026/mar/16/oil-prices-rise-after-trump-claims-us-totally-demolished-irans-vital-kharg-island-export-hub">oil market prices have surged</a>, with the <a href="https://www.theguardian.com/world/us-israel-war-on-iran">US-Israel war on Iran</a> disrupting key shipping routes. The <a href="https://www.theguardian.com/business/2026/mar/01/us-israel-strikes-iran-oil-price">strait of Hormuz</a>, where as much as a fifth of global fuel supply travels through, has been closed due to the conflict.</p><p>Asia is deeply affected by the crisis, relying <a href="https://www.theguardian.com/world/2026/mar/18/south-east-asia-nations-conserve-energy-oil-soaring-costs">heavily on imported energy</a> that passes through the strait.</p> <a href="https://www.theguardian.com/global/2026/mar/19/oil-prices-petrol-shortage-australia-reader-callout">Continue reading...</a>
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