Albanese Taps Emergency Powers for Extra Fuel Supply

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Albanese Taps Emergency Powers for Extra Fuel Supply

Australian Prime Minister Anthony Albanese delivers a statement at the Merdeka Palace in Jakarta, on Feb. 6, 2026. Bay Ismoyo / AFP via Getty Images

The federal government has moved to shore up Australia’s fuel supplies by striking emergency financing arrangements with the country’s two largest refiners, as concerns mount over the nation’s acute exposure to overseas energy shocks.

Prime Minister Anthony Albanese announced on April 8 that Export Finance Australia has finalised terms with Viva Energy and Ampol to help bring additional fuel into the country.

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