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The 'Strait' Jacket: How Hormuz Closure Threatens to Freeze Australia's

The 'Strait' Jacket: How Hormuz Closure Threatens To Freeze Australia's Slim Fuel Reserves

SYDNEY — As the effective closure of the Strait of Hormuz drags into its fourth week, Australia's critically low fuel reserves — just 36 days of petrol, 32 days of diesel and 29 days of jet fuel — are coming under intense pressure, raising fears that a prolonged disruption could force rationing, empty regional bowsers and push unleaded prices toward or beyond $3 a litre.
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