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Australia establishes a $2 billion fund to support fuel imports amid a supply crisis
April 15, 2026
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Posted 2 hours ago by
Canberra - The Australian government announced a 2 billion fund to support fuel import companies. This fund aims to secure supplies in volatile global markets. It will compensate companies for high price differences and storage costs. The government has started withdrawing from strategic reserves to address supply shortages. A four-stage plan is currently being implemented....
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