Viva Energy Refinery Fire Disrupts Fuel Production
A fire at Viva Energy's refinery has reduced petrol output as Australia seeks to secure fuel supplies during the Iran war. Officials expect price increases.
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A major fire at the Geelong refinery operated by VIVA ENERGY GROUP LTD has severely impacted petrol production in Australia, exacerbating a national fuel security crisis driven by the ongoing conflict in Iran. The blaze at the 120,000 barrels-per-day facility broke out Wednesday night and was brought under control by noon on Thursday. The incident comes at a critical juncture as the nation struggles to replace disrupted supplies amid volatile global energy markets and rising prices for Brent Crude Oil.
