Australia has enough fuel reserves to last almost three months, as petrol prices at the bowser drop to near pre-Middle East war levels.
The stock includes 43 days' worth of petrol, 36 days' worth of diesel, and 30 days' worth of jet fuel, with billions of litres more fuel being shipped, Energy Minister Chris Bowen said on Saturday.
"Australia is doing very, very well in the face of the ongoing tension and challenges that every country in the world is facing with fuel supply," he told reporters.
"All three levels are more than on the 28th of February, when Iran was first bombed."
More than 90 ships arrived carrying fuel in May, about 10 more than the average monthly arrival of 81.