Episode Details

Prime Minister Anthony Albanese has conducted official talks with the Sultan of Brunei regarding the global fuel crisis, with both nations pledging to strengthen energy supply chains. Australia relies on Brunei for 9% of its diesel, 11% of crude oil, and 11% of fertiliser-grade urea. Treasurer Jim Chalmers has travelled to the United States for further fuel crisis discussions, warning of serious economic threats from the Iran war, while the International Monetary Fund's chief economist cautions that prolonged conflict could push the global economy close to recession with inflation near 6%.

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