11/04/2026 23:19
The Guardian
Follow the day’s news liveAlbanese didn’t return with shiploads of diesel. That doesn’t mean his Singapore visit wasn’t a successGet our breaking news email, free app or daily news podcastFederal transport and infrastructure minister Catherine King this morning has reiterated warnings that the fuel crisis may continue long after any conflict in the Middle East ceases.Speaking to ABC’s Insiders this morning, King said the ceasefire in the Middle East at the moment is “fragile” and that the government hopes it will hold, given the Strait of Hormuz “has proven to be pretty critical to the global fuel supply, but also to global economies.”We hope diplomacy works. It’s a fragile ceasefire. It’s our best chance. Even if that is the case, what we have to prepare for as a country here is even if the Strait opens tomorrow, there’s a long tail to this.We don’t know what damage has been done to infrastructure. We don’t know how quickly shipping can resume as normal or what the all of that are. So we have to plan, really, to make sure that we understand there’s a long tail to this.Even if it opened today, there’s a big backlog of ships, there’s been gas plants bombed out of existence.The international energy situation will take a long time to recover from this. This is not over. Continue reading...
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