Australian Prime Minister Anthony Albanese addressed the nation across television networks on Wednesday, warning that the months ahead “may not be easy” due to the economic fallout from the Middle East war.

“Australia is not an active participant in this war. But all Australians are paying higher prices because of it,” Albanese said. He acknowledged that no government could eliminate the pressures the war was causing and warned that economic shocks would persist for months.

The Prime Minister pointed to the impact on farmers, truck drivers, small businesses and families, saying they were “doing it tough.” He urged Australians to switch to public transport where possible, stating this would preserve fuel supplies for nurses, shift workers, tradespeople and miners who depend on driving.

Albanese had previously sought to reassure motorists that fuel shipments continued to arrive in Australia, attributing petrol shortages in rural towns to panic buying and distribution bottlenecks rather than a fundamental supply failure.

The address reflects growing concern among governments outside the conflict zone about the war’s ripple effects on their economies. Oil prices have crossed $100 per barrel globally as the closure of the Strait of Hormuz disrupts energy supply chains. India similarly capped jet fuel price increases at 25 percent on Wednesday after prices were expected to more than double.

Australia joins a growing list of countries facing domestic pressure as the US-Israel-Iran conflict extends its economic reach far beyond the Middle East.

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