The Australian government, based in Canberra, is dealing with the fallout of the Middle East conflict, which has caused global oil shortages and price volatility affecting regions like Perth.
1 report, 1 independent
Updated Jun 29
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What happened
The Australian government, based in Canberra, is dealing with the fallout of the Middle East conflict, which has caused global oil shortages and price volatility affecting regions like Perth.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Escalation of conflicts in the Middle East is leading to global oil price volatility, causing specific economic issues in Canberra's service stations.Sub-event
- Amid global oil shortages caused by the war, Anthony Albanese announced plans for a new oil refinery, which Perdaman will lead, based in Perth.Sub-event
- The war in the Middle East is causing global supply issues, prompting consideration of a new oil refinery in Western Australia.Sub-event
- Premier Roger Cook discusses local infrastructure needs in Perth, joined by a Federal Minister.Sub-event
- Albanese and Canberra set LNG export levies and leverage strategic LNG value in response to Middle East conflict disruptions.Sub-event
- Conflict in the Middle East is impacting local fuel prices in Melbourne.Sub-event
Australian government policy dictates fuel excise rates and subsidies amid global oil shortages caused by the Middle East conflict.1 source
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The entities involved
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Perth
National Resource Management Region of Western Australia
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Middle East
geopolitical region encompassing Egypt and most of Western Asia, including Iran
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Canberra
capital city of Australia
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