A large fire is burning out of control at Viva Energy’s oil refinery in Geelong, Australia, prompting a response from emergency services. The refinery, located an hour from Melbourne, is one of only two in the country.
The Geelong refinery supplies approximately half of Victoria’s fuel and 10 per cent of Australia’s total fuel needs, processing around 120,000 barrels of oil daily.
The blaze has heightened concerns regarding Australia’s oil product supply, particularly as global availability is already strained due to the conflict in the Middle East. Fears are growing over a potential national petrol crunch.