Australia Secures Extra Diesel, Boosts Reserves

0:00Australia's federal government teamed up with private companies to secure another 100 million liters of diesel, announced by Trade Minister. Don Farrell in Adelaide, that's on top of 300 million liters, grabbed over the past seven days with Amphol, BP Australia, and Viva Energy. Now, national reserves are stocked higher than before the Iran War kicked off. About 50 million liters of that fresh diesel is heading straight to Queens and spots, like Townsville, Gladstone, and Makai. This boost comes thanks to the Albany's government's new strategic reserve powers, all aimed at countering the Middle East's mess closing the strait of. Hormuz, Prime Minister Anthony Albany's called his third national cabinet meeting since the war started, noting we've got 46 days of petrol in. Stock 10 days more than when US and Israeli strikes began on Iran. The strait has been shut for two months, jacking up global oil prices big time. South Australia's premier Peter Malanowskas says fuel supplies look solid nationwide for

1:02now, with 10 extra days of unleaded petrol, steady jet fuel, and diesel compared to war start. But he's stressing constant watchfulness since ships still can't pass freely through the strait. Leaders are gearing up with staged plans up to restrictions if shortages hit medium term, keeping Australia fueled and ready through these turbulent. Times, that's the story for today, Adelaide News today, driven by AI, I'm Corey with the story.