Does the Iran ceasefire mean the fuel crisis is over? Not even close
Sydeny, Apr 9 (The Conversation) It might feel like a lifetime ago, but it was just last week analysts began talking about fuel rationing in Australia. This week, that prospect seems less likely. A temporary ceasefire in the Iran war has been announced, even as Prime Minister Anthony Albanese heads off to Singapore – a crucial refinery hub – to firm up fuel supplies. United States President Donald Trump has pledged a two-week ceasefire, while Iran has pledged safe passage for ships through the crucial Strait of Hormuz, through which about 20% of the world’s oil is shipped. Does this