Australia Launches Fuel Security Taskforce
Sydney News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Australia Establishes Fuel Supply Taskforce Amid Global Oil Shocks
Australia has formed a national fuel supply taskforce, led by Anthea Harris, to address risks from the Middle East conflict. The group will coordinate federal and state efforts on fuel security, with each state appointing a representative. Fuel prices have surged, with regular unleaded averaging $2.19 a litre in major cities, up 49% since February. Officials assure no supply drop, but higher demand has caused issues, particularly in rural areas. The treasurer warned a prolonged conflict could push inflation above 5%. Opposition leader Angus Taylor supports the taskforce but criticizes the government for acting too late.
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