In brief
Australia’s diesel stocks are now enough for 34 days of consumption, a three‑day increase over the previous week, according to Climate Change and Energy Minister Chris Bowen. He noted 43 fuel‑carrying ships en route and 3.1 billion liters secured for the next month, while aviation fuel stocks rose to 29 days. Despite worries over the Strait of Hormuz, Bowen said Australia’s supply remained solid and secure, though reports of four oil tankers catching fire and exploding remain unverified.
Australia’s diesel stockpile has risen to the equivalent of 34 days of consumption, a three‑day jump from the 31 days reported a week earlier, based on a press conference held by Climate Change and Energy Minister Chris Bowen on Saturday, Xinhua reported.
Bowen told reporters that 43 ships carrying fuel were currently on their way to Australia and that the country had secured 3.1 billion litres of fuel to be delivered over the following four weeks, a 100‑million‑litre increase from the previous week’s total.
He emphasized that Australia’s fuel supply remains "solid and secure," even amid continued uncertainty in global supply chains, including disruptions in the Strait of Hormuz over the past 24 hours, according to the statement.
The government is working with domestic refineries to sustain production and partnering with trading partners in Southeast Asia, the Middle East, and elsewhere to secure additional supplies, Bowen said.
Bowen also mentioned reports that four oil tankers had caught fire and exploded in the Strait of Hormuz, a claim that remains unverified.