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Australia to Establish 1 Billion Liter Fuel Reserve to Counter Middle East Conflict Impact

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In response to escalating tensions in the Middle East, Australian Prime Minister Anthony Albanese announced the establishment of a 1 billion liter national fuel reserve. This initiative aims to strengthen the long-term supply of diesel and aviation fuel, enhancing the country's resilience to energy crises. Further details are expected to be unveiled in the annual government budget next week.

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