Australia Acts Fast to Secure Energy Amid Iran Tensions

Australia, heavily reliant on imported oil, is urgently seeking ways to secure its energy supply as the potential for conflict with Iran fuels global uncertainty. Faced with this challenge, the country is turning to a mix of regional diplomacy and innovative domestic policies to bolster its energy security.

With Australia importing over 90% of its crude oil and refined fuel, the prospect of disruptions to global oil supply chains has become a pressing concern. Prime Minister Anthony Albanese acknowledged the country's vulnerability, stating,