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Australia will allow release of up to 762 million litres of petrol, diesel from domestic reserves

Australia will allow release of up to 762 million litres of petrol, diesel from domestic reserves

AI Briefing

  • Australia releases 762 million litres of petrol and diesel from domestic reserves to address supply disruptions.
  • The move aims to alleviate pressure on fuel supplies amid the Iran conflict.
  • The country had previously held back 400 million litres of fuel to manage prices.
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