Blog Details

Fire at Domestic Refinery Worsens Australia's Fuel Supply Crisis

Australia's fuel crisis in the wake of the Iran war just took a turn for the worse after a fire broke out at one of the only two refineries in the country. Viva Energy’s Corio oil refinery in Geelong, southwest of Melbourne, caught fire late on Wednesday, after reports of explosions. The fire was extinguished on Thursday morning local time after burning for about 13 hours. The Corio refinery, one of Australia’s two remaining processing plants, supplies more than 50% of the fuel in the state of Victoria and 10% of Australia’s fuel.…