Climate Minister Chris Bowen has declared the rush on jerry cans and petrol panic buying "un-Australian" as the Iran crisis drives fuel anxiety across the country.
According to The Guardian, hardware stores and service stations have reported surging demand for fuel containers as Australians scramble to stockpile petrol amid fears of supply disruptions and skyrocketing prices following escalation in the Middle East.
"This sort of panic buying is un-Australian," Bowen told reporters in Canberra. "We have adequate fuel security, and hoarding petrol only creates the shortages people are worried about. It's also bloody dangerous—storing large quantities of petrol at home is a fire hazard."
Classic Australian response to global crisis: hoard petrol, ignore official advice, then get lectured about national values by a minister who drives a Commonwealth car.
The panic buying follows the Reserve Bank's decision to raise interest rates partly in response to inflation driven by international oil price spikes. Petrol prices in major cities have surged past $2.20 per liter, with some regional areas seeing prices above $2.50.
But the rush on jerry cans exposes a deeper vulnerability: Australia's heavy dependence on imported refined petroleum products. Despite being resource-rich and a major oil and gas exporter, Australia imports more than 90% of its refined fuel, mostly from Singapore and South Korea.
"We export raw crude and LNG, then buy back refined petrol at global prices," explained Bruce Robertson, an energy analyst at the Institute for Energy Economics and Financial Analysis.




