We’re about out of time folks. Panic is starting slow but will begin to accelerate soon. Won’t affect the US right away but soon enough goods we depend on won’t be available.
🇦🇺 107 petrol stations across New South Wales are out of diesel after panic buying.
Australia said it wouldn't send ships to help reopen the Strait of Hormuz, the waterway Iran closed, cutting 20% of global oil supply.
The Strait's closure just arrived at the servo anyway.… https://t.co/FW76b8EVdp pic.twitter.com/PxTtYh4fRj
— Mario Nawfal (@MarioNawfal) March 20, 2026
Factcheck: Yes, it’s true. NSW Premier Chris Minns confirmed today that at least 107 petrol stations across the state are out of diesel due to panic buying. This stems from global supply strains after Iran closed the Strait of Hormuz (disrupting ~20% of world oil). Australia has declined to send ships for a coalition to reopen it, per official statements. Stocks remain stable nationally but local shortages hit hard from hoarding. Sources: Argus Media, Reuters, Sydney Morning Herald (March 20, 2026).
h/t Tonight We Ride!