US EditionAustralia PM Albanese to Visit Brunei, Malaysia to Shore up Fuel Supply
Albanese seeks guarantees as Australia, which imports about 80% of its fuel, faces disruptions from the Middle East conflict.
- Australian Prime Minister Anthony Albanese will travel to Brunei and Malaysia from April 14 to 17 to secure fuel and fertilizer supplies, meeting Sultan Hassanal Bolkiah and Prime Minister Anwar Ibrahim.
- Australia imports around 90 per cent of its fuel, leaving it vulnerable as Iran's blockade of the Strait of Hormuz disrupts global supply chains and spikes energy prices.
- Brunei supplies 9 per cent of Australia's diesel imports and 11 per cent of urea, while Malaysia provides 10 per cent of urea, making these partners critical for food and energy security.
- Following his visit to Singapore last Friday, Albanese now seeks similar guarantees from his counterparts in Brunei and Malaysia to reinforce energy security.
- Economist Chris Richardson estimates the crisis may improve Australia's federal budget by about $30 billion through 2028-29, as inflation effectively acts as a tax while shrinking existing debt.
32 Articles
32 Articles
The Prime Minister's plan to secure more fuel
Anthony Albanese says there has been no US request to assist in the naval blockade of Iran's ports. The uncertainty over safe passageway of the Strait of Hormuz is further solidifying the urgency of Anthony Albanese's diplomatic mission to obtain fuel supplies.
Australia PM to Visit Brunei, Malaysia in Renewed Fuel Diplomacy
Australian Prime Minister Anthony Albanese will make his second visit to Southeast Asia in less than a week as he tries to shore up fuel supplies against the backdrop of the Trump administration’s threat to blockade the Strait of Hormuz.
Albanese to Visit Brunei, Malaysia for Fuel and Supply Chain Talks
Prime Minister Anthony Albanese will travel to Brunei and Malaysia from April 14 to 17, as Australia steps up diplomatic efforts to secure fuel and fertiliser supplies amid mounting global uncertainty. The visits come as Australia remains heavily dependent on imports, sourcing around 90 percent of its liquid fuel needs from overseas—leaving it exposed to price shocks and supply disruptions. Albanese is scheduled to arrive in Brunei on April 14, …
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