Petrol hit $2.35 in Sydney this week. Nearly $4 in the Northern Territory.

Queues at servos across the country with some stations already cleared out from panic buying.
The crazy part is that the price spike from the Hormuz closure hasn’t arrived yet.
It takes about a week for global oil prices to hit Australia. So what people are paying right now is before the war fully priced in.
Australia imports 90% of its fuel, so when the Middle East goes to war Aussies feel it before almost anyone else on the planet.