Australia commits $7 billion to boost fuel stockpiles, create government reserve

AI Summary

Australia is set to invest A$10 billion (approximately USD 7.22 billion) to increase its fuel stockpiles and create a government reserve. This effort aims to enhance national security and ensure fuel availability.

Australia will spend ​A$10 billion ($7.22 billion) to boost its national fuel stockpiles and establish a permanent government-owned fuel ...