Australia's energy minister warns Middle East escalation will push fuel prices higher
Chris Bowen says Australia holds 41 days of petrol in strategic reserve as conflict threatens global energy markets.
Australia's energy minister Chris Bowen warned that escalating conflict in the Middle East will drive petrol prices upward, citing concerns over global energy supply disruptions.
Bowen noted that Australia maintains 41 days' worth of petrol in its strategic reserve. The warning comes as the government continues advancing digital regulation, having passed social media age restriction laws this week and introduced an exposure draft for digital duty of care legislation.
Sources
- Australia news live: escalating Middle East conflict will see prices rise again, Chris Bowen says — The Guardian — World
EGazette summarizes reporting from multiple sources; follow the links for the originals.
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