New figures from the government show just how drastically the war in Iran has changed Australia's fuel supplies.
Australia now has 10 days' more supply of petrol than before war broke out in the Middle East, as the crisis forces the country to look further afield for petrol and pushes more drivers toward electric vehicles.
Three weeks ago, US President Donald Trump had a message to nations concerned about fuel shortages sparked by Iran's effective closure of the Hormuz Strait in response to the US and Israel's attack on the country.
"Buy oil from the United States of America - we have plenty," he said.
READ MORE: Woman arrested for allegedly swindling money from her billionaire boss
Prime Minister Anthony Albanese said the world was in "deeply tumultuous and turbulent global times" and Australia would face more significant implications the longer the war continued.
"One of the discussions that occurred as well was the diversification of where our fuel's coming from," he said.
"For example, the United States that traditionally has not been a big supplier, has supplied about 18 per cent at the moment.
"Argentina, that was very small indeed, is now into double figures. And we've also been able to secure supply from Algeria.
"We'll continue to work to diversify where we can get fuel from. The key here is achieving supply, that is our top priority."
Climate Change and Energy Minister Chris Bowen said Australia was in a good position for fuel supply, "as well as these things can be forecast".
READ MORE: Tributes flow for 'larger than life' teen killed in tragic crash
"We now have 46 days worth of petrol in our stocks, which is 10 days more than when the bombing of Iran commenced," he said.
"[That] shows that while we are facing international headwinds and risks and uncertainties into the medium term, nevertheless, nothing is being left on the field when it comes to ensuring that Australia is very well placed."
But many Australians, such as western Sydney teacher Lilliana are leaving concerns about oil price fluctuations behind after purchasing an electric car.
READ MORE: Richard Pusey to sue Victoria Police over deadly Eastern Freeway crash
"It's just get in the car and drive, which is a lot easier with a family of three kids," she said.
"We wanted to get something that was cheap and easy and efficient to run."
EV incentives
New polling shows outer suburban and conservative voters are the likeliest to take advantage of tax breaks for electric vehicles just as the federal government considers winding them back.
Savings are the main reason for 57 per cent for motorists making the switch to electric.
Most EV drivers, 60 per cent, wouldn't have bought one without the federal government's electric car discount.
Coalition and One Nation voters are the most likely to use the tax break.
"The removal of this exemption will hit lower income Australians," polling company RedBridge Group director strategy and analytics Kos Samaras said.
National fuel security plan
For most Australian drivers, what happens in the Middle East will continue to have an impact at the pump, and shortages would likely drive up prices at the supermarket and elsewhere.
Speaking after today's national cabinet, South Australian Premier Peter Malinauskas said all states were assessing their role should the situation deteriorate.
The national fuel security plan has four levels. At this stage the country sits at level two, level three would see the voluntary encouragement of limiting fuel usage, where level four, the most extreme, would see fuel rationing.
Malinauskas said if rationing did eventuate, it would require a national response, with all states acting together.
"It is absolutely essential that governments around the country, state and federal, work collaboratively and in lockstep," he said.
NEVER MISS A STORY: Get your breaking news and exclusive stories first by following us across all platforms.
- Download the 9NEWS App here via Apple and Google Play
- Make 9News your preferred source on Google by ticking this box here
- Sign up to our breaking newsletter here
Trump orders US military to 'shoot and kill' Iranian small boats
Fraud charges for billionaire philanthropist's former private secretary
Court documents reveal Ben Roberts-Smith was eyeing business overseas
Richard Pusey sues Victoria Police over deadly Eastern Freeway crash
'Very difficult': Actor's teary court claim about Rebel
Aussie scientists develop injectable treatment to help flat-nosed dogs breathe easier
Tributes flow for 'larger than life' teen killed in tragic e-bike crash
Thousands of Aussies about to have $5000 cut from their yearly budget
How one order uncovered a massive 'ghost cake' delivery scandal in China
Trump envoy asks president to replace Iran with Italy at World Cup
CEO of Trump's media company ousted after losing billions
These photos of Harry and Meghan could land Aussies in hot water
Monster illicit tobacco haul uncovered in suitcase
Donald Trump's bid to secure power for his party just backfired big time
