A tractor tends crops in a market garden on the outskirts of Melbourne on March 26, 2026. Soaring global oil prices have prompted warnings that high fuel prices will drive food prices up and inflation above 5 per cent in Australia. (Photo by William WEST / AFP via Getty Images)

Workers harvest crops in a market garden on the outskirts of Melbourne on March 26, 2026. Soaring global oil prices have prompted warnings that high fuel prices will drive food prices up and inflation above 5 per cent in Australia. (Photo by William WEST / AFP via Getty Images)

A tractor tends crops in a market garden on the outskirts of Melbourne on March 26, 2026. Soaring global oil prices have prompted warnings that high fuel prices will drive food prices up and inflation above 5 per cent in Australia. (Photo by William WEST / AFP via Getty Images)

Fuel prices are displayed at a petrol station in the Melbourne suburb of Williamstown on March 26, 2026. Oil prices rose and equities were mixed on March 26 as investors tracked developments in the Middle East war after Iranian officials were said to have replied to US demands to end a conflict that has sparked warnings of an unprecedented energy crisis. (Photo by William WEST / AFP via Getty Images)

Fuel prices are displayed at a petrol station in the Melbourne suburb of Williamstown on March 26, 2026. Oil prices rose and equities were mixed on March 26 as investors tracked developments in the Middle East war after Iranian officials were said to have replied to US demands to end a conflict that has sparked warnings of an unprecedented energy crisis. (Photo by William WEST / AFP via Getty Images)

Fuel prices are displayed at a petrol station in the Melbourne suburb of Williamstown on March 26, 2026. Oil prices rose and equities were mixed on March 26 as investors tracked developments in the Middle East war after Iranian officials were said to have replied to US demands to end a conflict that has sparked warnings of an unprecedented energy crisis. (Photo by William WEST / AFP via Getty Images)

Fuel prices are displayed at a petrol station in the Melbourne suburb of Williamstown on March 26, 2026. Oil prices rose and equities were mixed on March 26 as investors tracked developments in the Middle East war after Iranian officials were said to have replied to US demands to end a conflict that has sparked warnings of an unprecedented energy crisis. (Photo by William WEST / AFP via Getty Images)

A construction worker eats breakfast on a street in Phnom Penh on March 26, 2026. (Photo by TANG CHHIN Sothy / AFP via Getty Images)