Albanese Rushes to Secure Fuel Supplies Amid Iran Crisis
Sydney News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Prime Minister Albanese rushes to Singapore to secure fuel supplies amid Irans Strait of Hormuz blockade. Government announces $2 billion emergency funding, cuts fuel excise, and lines up talks with suppliers. Opposition critics slammed Labor for initial slow response, but Aussies stepped up after Albaneses call to conserve fuel. Demand for fuel appears stable through mid-May, and Australia leverages its LNG card to secure supplies for Singapore, which relies on us for nearly a third of its gas imports.
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