With the price of oil rising and the fuel excise cut due to end, drivers are facing twin threats when it comes to the price of fuel, but experts say Australia is in a much better position compared with when the Middle East conflict began.

As traffic through the Strait of Hormuz once again slows to a trickle, supply chain expert David Leaney outlines how it will affect Australia.

Australia’s fuel stocks are “secure”, Home Affairs Minister Tony Burke has said as a flare up between the US and Iran has again spiked global oil prices.