Australia's fuel stocks have climbed to record levels even as the Iran conflict continues to threaten global energy supplies, with the federal government insisting there is no need for motorists to panic or change their behaviour at the bowser.
Prime Minister Anthony Albanese says Australia now has 46 days' worth of petrol, 39 days of diesel and 34 days of jet fuel in storage – a total of 6.5 billion litres across all fuel types, the highest volume since mandatory stockholding rules were introduced three years ago.
