Australia secures more jet fuel from China, urea from Brunei
The Australian government said it secured three shipments of jet fuel from China and more agricultural-grade urea from Brunei, boosting fuel and fertiliser stocks amid disruptions caused by the Middle East conflict, Reuters reports.
The government said more than 600,000 barrels, or about 100 million litres, of jet fuel would arrive from early June, following discussions between Prime Minister Anthony Albanese and Chinese Premier Li Qiang.
Beijing has clamped down on fuel exports since March to protect domestic supply after the closure of the Strait of Hormuz disrupted crude and fuel flows.
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