SMH
·general
·2 hours ago
Taylor proposes $800m plan to double fuel stockpile amid Hormuz closure
Australia's Coalition proposed an $800 million plan to double the nation's fuel stockpile as Foreign Minister Penny Wong seeks regional diesel and petrol deals amid rising oil prices. Opposition Leader Angus Taylor emphasizes the need for fuel resilience, proposing to increase required reserves to 60 days by 2027.
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