Oct 4, 2026 · 17 min · 10 segments
Could Australia actually run out of diesel? Australia depends heavily on imported diesel to keep farms, trucks, mines and freight moving. In this episode of **In The Paddock**, we look at how exposed…
Martin MurrayHost


That mattered because the United States is currently one of the most important suppliers keeping the global diesel market functioning.

Then Europe agreed to release its emergency reserves and on the 2nd of October, President Trump said America would not impose an export ban for now.

Because for Australia, the important lesson isn't whether America bans diesel exports this week.

It's a decision made in Washington that can potentially affect the availability and price of the fuel that Australian agriculture depends on almost overnight.

Fuel security is not just how much fuel exists, but also about whether countries controlling it decide to keep exporting and whether we can get access to it.


About 30% comes from South Korea, 16% from Singapore, 14% from Malaysia, 12% from Taiwan.


So why does an American ban matter to us? Well, it isn't about where the fuel actually comes from.

So when someone pulls out from the market, all of a sudden you've still got those same amount of buyers trying to compete for less and less fuel.


Effectively, we don't need to be buying American diesel to be affected by American diesel policy.



That mattered because the United States is currently one of the most important suppliers keeping the global diesel market functioning.

Then Europe agreed to release its emergency reserves and on the 2nd of October, President Trump said America would not impose an export ban for now.

Because for Australia, the important lesson isn't whether America bans diesel exports this week.

It's a decision made in Washington that can potentially affect the availability and price of the fuel that Australian agriculture depends on almost overnight.

Fuel security is not just how much fuel exists, but also about whether countries controlling it decide to keep exporting and whether we can get access to it.


About 30% comes from South Korea, 16% from Singapore, 14% from Malaysia, 12% from Taiwan.


So why does an American ban matter to us? Well, it isn't about where the fuel actually comes from.

So when someone pulls out from the market, all of a sudden you've still got those same amount of buyers trying to compete for less and less fuel.


Effectively, we don't need to be buying American diesel to be affected by American diesel policy.
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