Australia to Hold National Cabinet Meeting Focused on Oil Supply Issues

Golden Ten Data reported on March 30 that Australian Prime Minister Albanese will hold a National Cabinet meeting in Canberra to address the increasingly severe energy crisis affecting the economy. This meeting will include state government leaders and is expected to discuss the issue of fuel rationing. Albanese has called on the states to agree on how to implement this measure if necessary. Rationing measures have not been implemented yet. In addition, Albanese is facing calls to cut the federal fuel tax to lower consumer prices, but the main focus of this meeting will be strengthening supply chains. The meeting aims to ensure fuel supply stability, and government leaders hope to avoid taking more "forceful" measures to deal with the crisis, which has caused gasoline prices to surge and cast a shadow over the economic outlook.