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Australia commits $14.8 billion to strategic fuel reserve
✓ Source-backedPlanet & Environment

Australia commits $14.8 billion to strategic fuel reserve

Government commits $14.8 billion for a billion-litre reserve of diesel and jet fuel.

Why it mattersWhen fuel shortages happen overseas, Australian prices shoot up and supplies run short. A fuel reserve keeps the economy running and protects household and business budgets.

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