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Australia's fuel supply at risk amid Middle East crisis

Australia's fuel supply at risk amid Middle East crisis

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Australia faces potential fuel supply disruptions after multiple shipments scheduled for February were cancelled, prompting Prime Minister Anthony Albanese to hold crisis talks with Singapore. The country relies on imports for 90% of its fuel, with Singapore supplying more than half of Australia's petrol and being the second-largest supplier of diesel and jet fuel. The ongoing Middle East crisis has cut crude oil supplies to Asian refineries for weeks, with some refineries reducing output and countries like Thailand and China moving to restrict exports.

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