7 News ·general ·4 hours ago

Australia's coalition doubles fuel reserves to enhance supply chain security

Australia's coalition plans to double fuel reserves to 60 days to enhance supply chain security amid global crises. Opposition Leader Angus Taylor emphasized the urgency, stating that more storage is essential for national stability. The initiative could lift baseline fuel stocks, increasing fuel prices by about 1 cent per litre, according to coalition analysis.

Summary by Glance · 7 News

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