Albanese Taps Emergency Powers for Extra Fuel Supply

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Australian Prime Minister Anthony Albanese (L) speaks at a joint press conference with Trade Minister Don Farrell at Parliament House in Canberra, Australia on March 24, 2026. David Gray/AFP via Getty ImagesThe 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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