UPDATE: Austrian oil company OMV complies with national petrol price regulations following intervention by energy regulator E-Control.

President Donald Trump says Americans will face temporary increases in fuel prices.

President Donald Trump stated that Americans will experience temporary increases in fuel prices.

BREAKING: President Donald Trump says he has kept the Strait of Hormuz closed, stating the waterway will remain shut until a deal is reached or another development occurs.

President Donald Trump stated that he has kept the Strait of Hormuz closed, adding that it will reopen only upon the reaching of a deal or another unspecified event.

Aviation expert Anita Mendiratta warns that the U.S.-Israeli conflict with Iran has triggered a jet fuel crisis, forcing airlines to raise fares and cut operations. Full recovery is expected to take months even if military action ends immediately.

Aviation expert Anita Mendiratta states that the ongoing conflict involving the U.S., Israel, and Iran has caused a jet fuel crisis, leading airlines to increase fares and reduce flight operations. Recovery is expected to take months even if military action ceases immediately.

UPDATE: US diesel shipments arrive in Australia as the nation works to mitigate a fuel crisis stemming from the war involving Iran.

Tankers transporting diesel from the US West Coast are arriving in Australia to address a fuel shortage linked to the ongoing war involving Iran.