A new report from a maritime union in Australia explores the risk that Australia’s lack of strategic fuel reserves may have on the country, including business operations. The report highlights how Australia, which is the only developed oil importing country in the world with a government that controls crude oil stocks, does not have a regulation in place to regulate commercial stock requirements, and does not participate in oil markets. The country also maintains a strategic reserve of liquid fuel that would only last less than three weeks. Although the likelihood of an event occurring remains relatively low, Australia’s heavy reliance on imports from regions susceptible to conflict, such as Southeast Asia, places business operations at risk of significant disruption.