He dismissed claims that Australia is facing a fuel shortage, firmly stating there is no crisis. “The notion of ‘running out’ is alarmist—we’re far from that scenario. We have minimum stock obligations to ensure supply,” he assured.

He explained that despite Australia’s substantial fuel reserves, recent demand has surged due to panic-buying, causing temporary pressures on shipments.

“There’s no reason for panic-buying,” Bowen emphasized, urging calm among consumers.

Bowen acknowledged the global situation as serious but reassured, “Is the international situation concerning? Yes, it is. However, is Australia’s fuel supply secure? Absolutely.”

“Is the situation internationally serious? Yes, it is.

“Is Australia’s fuel supply currently secure? Yes.

“Are the ships arriving as we expect? Yes. Are there further challenges coming? Well, Australians know that there may be further challenges coming.

“The government’s prepared for that. Australia’s prepared for that. We hope it doesn’t happen.

“What we need to do is be ready for them.”

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