Six oil tankers bound for Australia from Malaysia, Singapore and South Korea have been cancelled or deferred, Energy Minister Chris Bowen said Sunday, citing slowed crude flows to Asian refineries amid Middle East tensions. The government is arranging replacement shipments and has released additional fuel reserves, with domestic supplies currently at 38 days for petrol and 30 days for diesel and jet fuel.
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Six oil tankers bound for Australia from Malaysia, Singapore and South Korea have been cancelled or deferred, Energy Minister Chris Bowen said Sunday, citing slowed crude flows to Asian refineries amid Middle East tensions. The government is arranging replacement shipments and has released additional fuel reserves, with domestic supplies currently at 38 days for petrol and 30 days for diesel and jet fuel.