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'We've been wanting a deal': Australia backs Iran peace
Australia welcomed the ceasefire deal as officials said reopening the Strait of Hormuz could ease fuel prices and support global oil trade.
- On Monday, President Donald Trump announced a peace agreement with Iran covering Lebanon, with an official signing ceremony scheduled for June 19 in Switzerland to reopen the Strait of Hormuz and restore global oil trade.
- The closure of the Strait of Hormuz, which carried 20 per cent of global oil, prompted Australia's temporary fuel excise rebate that slashed 26 cents per litre for motorists and was halved in April.
- Crude oil prices dropped overnight, raising expectations of relief at the bowser, though ABC News reporter Callum Flinn cautioned that price reductions must be sustained to deliver lasting relief.
- Prime Minister Anthony Albanese confirmed the expenditure review committee will meet next week to assess extending the fuel excise rebate before its June 30 expiration, promising Australians 'appropriate notice' on the decision.
- Opposition Leader Angus Taylor praised the ceasefire as a 'good thing' but expressed hope the deal includes parameters preventing Iran from resuming nuclear capabilities, a concern Albanese stated must be addressed for security.
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Australian PM welcomes U.S.-Iran peace deal
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NewsReal: Schrödinger's Deal: US-Iran Peace Again Thwarted by...
The seemingly endless 'negotiations' between the Trump White House and Tehran made a breakthrough last week, when, for the first time since the US and Israel attacked Iran on 28 February, Iranian leaders signalled that a preliminary 'peace deal' is indeed within reach... until Israel nixed it by launching airstrikes into downtown Beirut. In the meantime the World Cup is underway, and the US, as one of the host countries, understands that the imp…
Coverage Details
Total News Sources11
Leaning Left5Leaning Right2Center2Last UpdatedBias Distribution56% Left
Bias Distribution
- 56% of the sources lean Left
56% Left
L 56%
C 22%
R 22%
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