ABC News – Australia · australia
'It's a cutthroat business': Where Australia is sourcing oil right now
3 hours ago
Australia's oil supply chain is shifting, with fuel tankers now arriving from the U.S. and South America. Prime Minister Anthony Albanese secured a fuel deal with Singapore, though experts warn it does not ensure diesel or jet fuel security. The international market's volatility, particularly in the Strait of Hormuz, complicates Australia's energy strategy.
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