The Guardian Australia – News ·general ·1 hour ago

Australia establishes $10.7 billion fuel reserve amid Middle East tensions

Australian Prime Minister Albanese announced a $10.7 billion fuel and fertiliser supply package on Wednesday to bolster national reserves amid Middle East instability. The government will establish a publicly owned diesel and jet fuel reserve holding one billion litres, while requiring private companies to maintain an extra ten days of stock.

Summary by Glance · The Guardian Australia – News

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