CAMEO+ eventECONOMIC2026-04-25馃嚘馃嚭
Australia waives long-held bitumen standards after Strait of Hormuz supply disruption
source: Australian federal government -> target: Australia's road and transport sector
On 2026-04-25, the Australian federal government moved to rewrite road regulations to permit alternative bitumen that does not meet long-held Australian standards. The change follows a Strait of Hormuz-related supply disruption that has dried up supply and doubled bitumen prices nationally.
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Location
CanberraOceaniaAustraliaOceania-35.281, 149.130
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