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The Ukraine conflict raises concerns about gasoline supplies in Australia

Published On 28 Mar 2022 11:19 AM


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Concerns in Australia have been made concerning the country's lack of a sustainable supply of stored or domestically supplied fuel, leading efforts to increase renewable energy consumption and encourage electric cars.

Australia is a huge resource-rich country with relatively low oil reserves, relying on imports for around 90% of its supply.

The country's susceptibility to an oil shock or even a naval blockade in tim....


Tags : Ukraine, Australia, International Energy Agency,
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