‘Months ahead not easy’: Australia cuts fuel excise, promotes public transport as US-Iran war triggers energy crisis

Australian Prime Minister Anthony Albanese on Wednesday addressed the country, announcing some restrictions and urging people to opt a few measures amid a global energy crisis fuelled by the conflict in West Asia.

"The months ahead may not be easy. I want to be upfront about that," Albanese said. (via REUTERS)
“The months ahead may not be easy. I want to be upfront about that,” Albanese said. (via REUTERS)

As the conflict between US-Israel and Iran enters its second month, disruptions have continued for shipping through the Strait of Hormuz, which serves as a critical passage for global energy trade. Owing to this, energy prices have climbed up, supplies are facing disruption and production is limited.

In response to this, Australian PM Albanese said the country’s National Cabinet had adopted the National Fuel Security Plan, which would help its citizens if supplies remain seriously disrupted over a long term.

Also Read | Government cuts excise duty on fuel, raises export costs amid West Asia crisis

“The months ahead may not be easy. I want to be upfront about that. No government can promise to eliminate the pressures that this war is causing. I can promise we will do everything we can to protect Australia from the worst of it,” the Australian PM said in a video message posted on X.

Albanese said that while these were “uncertain times”, the country would “deal with these global challenges the Australian way, working together and looking after each other.”

This came after Pakistan implemented fuel-saving measures, including reduction of workforce by half and moving to a four-day week. Sri Lanka too earlier moved to declare all Wednesdays off and tightened fuel rationing.

What restrictions has Australia announced?

Albanese said his administration had cut the fuel excise in half, saying this measure would be in place for the next three months.

“Today, we cut the fuel excise in half. Cutting the tax on every litre of petrol by 26 cents. Those savings have started showing up at your petrol station,” the Australian PM said, adding that the heavy vehicle road user charge for truckies had also been brought down to zero.

Also Read | Where does piped gas come from? Why PNG holds up while LPG struggles amid Iran war

“Both these measures will be in place for the next three months. We are working to bring the price of fuel down, to make more fuel here and to keep it on shore and get more fuel here,” Albanese said.

The Australian PM urged citizens not to “take more fuel than you need”, but asked them to go about their business and life as normal. He urged the citizens to switch to catching the train or bus or tram to work, adding that it would build the country’s reserves and would save fuel for people who have no other choice but to drive.

“Farmers and miners and tradies who need diesel every single day. And all those shift workers and nurses who do so much for our country,” Albanese said.

Source link

Visited 1 times, 1 visit(s) today

Related Article

A Kurdish woman in traditional dress holds a lit torch during Nowruz, the Persian New Year, on a hill overlooking the town of Akra in the autonomous Kurdistan Region of Iraq, Friday, March 20, 2026. (AP Photo/Leo Correa)

Soccer ‘Take Me to America’

SARAJEVO, April 1 (Reuters) – Bosnians woke with heavy ⁠heads ⁠and light hearts on Wednesday, ⁠buoyed by their soccer team’s dramatic playoff shootout win over ​Italy that sent them to the World Cup finals for only the second time.  Celebrations ‌went late into the night ‌on Tuesday after teenager Esmir Bajraktarevic squeezed his penalty past

A Kurdish woman in traditional dress holds a lit torch during Nowruz, the Persian New Year, on a hill overlooking the town of Akra in the autonomous Kurdistan Region of Iraq, Friday, March 20, 2026. (AP Photo/Leo Correa)

Kremlin, Asked About Its Donbas Demands, Says Ukraine Should Have Pulled Out ‘Yesterday’

MOSCOW, April 1 (Reuters) – The Kremlin ⁠said ⁠on Wednesday that ⁠Ukrainian President Volodymyr Zelenskiy should have taken ​the difficult decision to withdraw his forces from the Donbas ‌area “yesterday” in order to ‌end what it called the “hot phase” of ⁠the war. Kremlin ⁠spokesman Dmitry Peskov made the comment a day ​after Zelenskiy said

A Kurdish woman in traditional dress holds a lit torch during Nowruz, the Persian New Year, on a hill overlooking the town of Akra in the autonomous Kurdistan Region of Iraq, Friday, March 20, 2026. (AP Photo/Leo Correa)

UK Requires Closer EU Partnerships Due to Volatile World, Starmer Says

LONDON, April 1 (Reuters) – Prime Minister ⁠Keir ⁠Starmer said on ⁠Wednesday that the global instability caused by ​the war in Iran means Britain should align more ‌closely with the European ‌Union on security and economy, following criticism ⁠from U.S. ⁠President Donald Trump. At a press conference aimed at easing ​public concern over rising energy

A satellite image shows an oil terminal at Kharg Island, Iran, February 25, 2026 (REUTERS)

The perils of a ground war in Iran

LAND WARS in Asia have rarely gone well for America. In Vietnam, Iraq and Afghanistan, America spent years on the ground, ensnared in conflicts for much longer than first expected. Now President Donald Trump is threatening to repeat the experience. Short of options to reopen the Strait of Hormuz, he has sent thousands of troops

A Kurdish woman in traditional dress holds a lit torch during Nowruz, the Persian New Year, on a hill overlooking the town of Akra in the autonomous Kurdistan Region of Iraq, Friday, March 20, 2026. (AP Photo/Leo Correa)

World Does Not Need a Crisis Over Taiwan, Opposition Leader Says Ahead of China Trip

TAIPEI/BEIJING, April 1 (Reuters) – At a time of international turbulence ⁠the ⁠world does not need a crisis ⁠over Taiwan, the leader of the island’s largest opposition party said on Wednesday ​ahead of a trip to China, adding she is seeking reconciliation. Cheng Li-wun, chairwoman of the Kuomintang (KMT), is travelling ‌to China starting Tuesday

A compound that was previously a US embassy in Tehran was likely struck. (Representative image/AFP)

Former US embassy compound likely struck in airstrike in Tehran: Report

A compound that was formerly a US embassy appears to have been struck in Tehran as the Iran-US war rages, reported news agency AP. Iran’s Revolutionary Guard reportedly control the compound since the 1979 hostage crisis and its all-volunteer Basij force operates the premises. A compound that was previously a US embassy in Tehran was

Secretary of Defense Pete Hegseth, right, said the Pentagon’s goal is to destroy Iran’s missiles, drones and navy.

Hegseth Doubles Down on Iran Pressure

Defense Secretary Pete Hegseth said the coming days of the war with Iran will be decisive, adding that the U.S. would “negotiate with bombs” until Tehran relinquishes its ambitions. Secretary of Defense Pete Hegseth, right, said the Pentagon’s goal is to destroy Iran’s missiles, drones and navy. “Iran knows that, and there’s almost nothing they

toyota confirms the celica will be a turbo powered coupe with awd

Toyota Confirms The Celica Will Be A Turbo-Powered Coupe With AWD

Toyota’s performance division is absolutely ready to bring back one of its most recognizable nameplates-Celica. After Toyota’s new WRC rally car prototype gave us our first tangible hints, a new report confirms the next-gen Celica will indeed be an all-wheel-drive, hybrid-powered affair. Gazoo Racing marketing manager Mikio Hayashi has officially confirmed the upcoming model will

UAE bars Iranians from entering, transiting country amid hostilities

UAE Imposes Ban on Iranians Amid Heightened Regional Tensions | World News

UAE bars Iranians from entering ( Phot credit ANI) DUBAI: The UAE has barred Iranians from entering or transiting the country as the war rages, three major airlines said Wednesday.The long-haul carriers Emirates and Etihad, as well as the lower-cost airline FlyDubai, made the announcements on their websites.Entry rules can sometimes be opaque in the

logo

Chang Ung, North Korean ex-IOC member who brokered Olympic joint marches with South, dies

{‘ap_id’: ‘1fb702fe2c85e8ca2f94649711430028’, ‘byline’: ‘Associated Press’, ‘ap_version’: 0, ‘apProducts’: [{‘product_id’: 42430, ‘station’: ‘wbbm780’, ‘section_front’: ‘news/world’, ‘name’: ‘AP Top News – International – Stories’}, {‘product_id’: 42430, ‘station’: ‘wben’, ‘section_front’: ‘news/world’, ‘name’: ‘AP Top News – International – Stories’}, {‘product_id’: 42430, ‘station’: ‘kcbsradio’, ‘section_front’: ‘news/world’, ‘name’: ‘AP Top News – International – Stories’}, {‘product_id’: 42430, ‘station’: ‘1010wins’, ‘section_front’:

A man stands atop the rubble as smoke rises from a building destroyed in an Israeli airstrike in Dahiyeh, Beirut's southern suburbs, Lebanon, March 14, 2026. (AP Photo/Hassan Ammar)

Major global news moments of March, in AP photos

From front-page news to powerful moments you may have missed, this gallery features compelling images from around the world published by The Associated Press in March. A man stands atop the rubble as smoke rises from a building destroyed in an Israeli airstrike in Dahiyeh, Beirut’s southern suburbs, Lebanon, March 14, 2026. (AP Photo/Hassan Ammar)

A Kurdish woman in traditional dress holds a lit torch during Nowruz, the Persian New Year, on a hill overlooking the town of Akra in the autonomous Kurdistan Region of Iraq, Friday, March 20, 2026. (AP Photo/Leo Correa)

Haiti Gangs Keep up Attacks in Breadbasket Region After Massacre

By Harold Isaac and Sarah Morland PORT-AU-PRINCE, March 31 (Reuters) – Armed men mounted ⁠further ⁠attacks in Haiti’s breadbasket Artibonite region on ⁠Tuesday, days after a gang’s weekend assault in the area of Jean-Denis left some 70 people ​dead, according to human rights groups and local residents. National police said it was conducting operations in

An illustrated roller-coaster car rides an up-and-down chart arrow.

Why Savvy Investors Are Loading Up on These 2 Stocks Amid Market Chaos

Will AI create the world’s first trillionaire? Our team just released a report on the one little-known company, called an “Indispensable Monopoly” providing the critical technology Nvidia and Intel both need. Continue » People become rich by strategically building positions during market downturns. The Strait of Hormuz blockade has caused crude oil futures to surge by almost

Dave & Buster's in Hollywood

Dave & Buster’s in Hollywood among dozens of businesses closed due to vermin, other issues

A vermin infestation has temporarily closed Dave & Buster’s in Hollywood, according to the L.A. County Health Department. L.A. County Health Department inspectors ordered it temporarily closed on March 26. Vermin include rats, mice and cockroaches. The health department found other issues related to utensils, plumbing, floors and ceilings, according to its report. Sky5 was

A Kurdish woman in traditional dress holds a lit torch during Nowruz, the Persian New Year, on a hill overlooking the town of Akra in the autonomous Kurdistan Region of Iraq, Friday, March 20, 2026. (AP Photo/Leo Correa)

Haiti Imposes Austerity Measures as Iran War Drives up Oil Prices and Disrupts Supplies

PORT-AU-PRINCE, Haiti (AP) — Haiti’s government announced new austerity measures on Tuesday as the war in Iran disrupts critical oil supplies and drives up prices worldwide. Officials in the troubled Caribbean country imposed a ban on the purchase of any new vehicles, will reduce fuel expenditures for public institutions and said that foreign travel will

Ohio's first-ever Buc-ee's is slated to open Monday, April 6, at 6 a.m. The store is located at the intersection of State Route 235 and Interstate 70.

Buc-ee’s opens in Ohio very soon. Here’s what to know

The time is almost here. Buc-ee’s, the widely popular Texas-based gas station chain, is scheduled to open its first-ever Ohio location in Huber Heights, about 65 miles away from Cincinnati. And the opening date is nearly here (after some slight delays). Here’s when you can get your hands on some beaver nuggets and brisket. When

0
Would love your thoughts, please comment.x
()
x