Australia Releases Fuel Reserves as Global Supply Concerns Rise

Australia Releases Fuel Reserves as Global Supply Concerns Rise

Australia is releasing petrol and diesel from its national strategic reserves, a move triggered by escalating geopolitical tensions in the Middle East and concerns about global fuel supply. The decision, announced Friday by Energy Minister Chris Bowen, marks the first drawdown of the country’s fuel stockpiles since the onset of the war in Ukraine in … Read more