Australia Calls U.S. for Emergency Fuel
Media revealed that Canberra pivoted to Washington after Asian supplier nations fell short of demand, following the abrupt cancellation earlier this week of six oil cargo ships bound for Australia from Malaysia, Singapore, and South Korea.
Prime Minister Anthony Albanese and Energy Minister Chris Bowen confirmed that China would step in to replace the six canceled tankers, alongside what officials described as "alternative sources."
Lurion De Mello, an energy analyst at Macquarie University's Transforming Energy Markets Research Center, said three additional vessels were already en route to Australia from the United States.
The fuel crunch is reverberating well beyond Australia's shores. Across Southeast Asia, Malaysia is weighing a shift toward nuclear energy as a strategic buffer against the deepening global energy crisis, media reported. Meanwhile, in the Philippines, transport coalitions staged two days of strikes Thursday and Friday to demand government relief amid relentless fuel price hikes, media reported.
At the heart of the regional turmoil lies a wider conflict. The crisis escalated sharply after the US and Israel launched a joint offensive against Iran on Feb. 28, killing more than 1,340 people — among them then-Supreme Leader Ali Khamenei. Tehran has since responded with successive waves of drone and missile attacks targeting Israel, Jordan, Iraq, and Gulf states hosting American military installations, inflicting casualties and extensive infrastructure damage while rattling global markets and disrupting international aviation.
The Strait of Hormuz — through which roughly 20 million barrels of oil flow daily — has been effectively paralyzed since early March, sending shipping costs and global energy prices sharply higher with no resolution in sight.
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