Australia's Viva Energy refinery fire
Australia's largest oil refinery, the Viva Energy Corio facility near Melbourne, has shut down following an explosion and major fire overnight. The refinery provides up to 10% of the country's fuel supply and produces half of Victoria's fuel. Energy Minister Chris Bowen confirmed the incident has caused disruptions to jet fuel and gasoline output, with the facility being one of only two remaining refineries in Australia. Authorities are assessing the damage and working to contain the fire's impact on national fuel supplies.
BBC reports the refinery fire could affect global fuel market and accelerate price increases amid Middle East tensions.
The refinery has now officially shut down following the explosion, confirming earlier reports of a major fire.
Energy Minister Chris Bowen confirmed the fire has disrupted jet fuel and gasoline production, and noted the refinery produces half of Victoria's fuel.