Brisbane Times · general
Australia’s best shield against the global fuel crisis? Deep pockets
3 hours ago
Australia's Prime Minister Anthony Albanese visited Singapore this week to secure fuel supply amid the ongoing blockade in the Strait of Hormuz. Approximately 20 percent of global crude oil is affected, yet Australia can leverage its wealth to attract new oil sources. Energy Minister Chris Bowen reported that the nation has secured shipments 'well into May'.
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Summary by Glance · Original reporting by Brisbane Times
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