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Trump's Ceasefire, Albanese's Visit, Fuel Crunch
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Trumps Ceasefire and Albaneses Visit: Amidst Global Tensions, Australias Fuel Crunch Worsens
Trump announces a ten-day ceasefire between Israel and Lebanon, setting up a leaders meeting that could lead to a bigger US-Iran deal. Meanwhile, Prime Minister Anthony Albanese visits the Geelong refinery, where a fire has exacerbated Australias fuel crisis. Reactions are mixed, with US Defense Secretary Pete Hegseth threatening Irans energy sites and chef José Andrés warning of a potential famine. Viva Energy execs remain optimistic about supplies, while New South Wales secures a deal for fully renewable public transport starting next year. As markets rally on Wall Street, the ASXs response and fuel prices in Australia remain volatile.
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