Federal government chases supply guarantees from countries including Singapore, South Korea, Malaysia and Japan amid Iran war
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Asian trading partners have reassured Australia that the “normal supply” of fuel will continue amid the Middle East conflict, as the government prepares to intensify efforts to avert shortages of petrol and diesel.
The federal government has been chasing supply guarantees from countries including Singapore, South Korea, Malaysia and Japan as the Iran war and closure of the strait of Hormuz wreaks havoc on the global oil market.
