The Prime Minister has expressed optimism that the conflict in the Middle East is nearing its conclusion, largely due to the United States’ success in dismantling Iran’s nuclear capabilities.

Anthony Albanese anticipates an end to the US and Israel’s military actions against Iran, now that the primary objective—reducing Tehran’s nuclear weapon potential—has been achieved.

In the wake of this conflict, global fuel prices have seen a significant spike. This increase is attributed to the closure of the Strait of Hormuz by Iran, a strategic passage for the world’s oil supply, as a retaliatory measure.

The Prime Minister emphasized that the ‘specific issue’ of preventing Tehran from developing nuclear weapons has been resolved.

Speaking on Triple M radio on Thursday, Albanese expressed his belief that the war is likely to conclude soon, allowing the world to regain its usual balance.

However, he cautioned that while the conflict may end, the aftermath will not be instantly resolved, indicating there will still be lingering effects.

Albanese’s comments come after Donald Trump blasted a number of nations, including Australia, in a blistering social media post as the international community refuses to join the war in the Middle East.

The US president requested a naval coalition to help reopen the Strait of Hormuz, where about one-fifth of the world’s oil transits through.

Recent disruptions in the Strait of Hormuz have already pushed energy prices up nearly 30%.

‘The best thing for Australia is to stay as far away from the Strait of Hormuz as possible,’ he said.

‘There’s a risk that allies sending navies is going to prolong the conflict.’

Dr Smith said Mr Trump’s ‘inconsistent’ statements indicated the US president couldn’t decide the objectives of the war, let alone what victory looked like.

‘Allies of the US need to try to persuade it to end the conflict as that is the most likely way to reopen the strait,’ he said.

The Albanese government has said no formal US request has been made to send a warship and Australia would not be doing so.

But Australian Strategic Policy Institute executive director Justin Bassi said all of America’s allies and partners should work with the US to secure and reopen the oil corridor.

‘That doesn’t mean having to support the US blindly or uncritically,’ he said.

‘This should be treated as a demonstration to the US – not one where we sit back and say ‘you broke it, so you fix it,’ but rather an opportunity for the rest of the world to show that democracies need each other and must work together, including with the US, in the face of common threats.’

Australia has deployed a Royal Australian Air Force E-7A Wedgetail plane to the Middle East to help monitor the region.

An Iranian strike landed near an Australian base in the United Arab Emirates shortly after 9am on Wednesday (AEDT).