Overview
- The national cabinet meeting, which convened Thursday, kept Australia at Level 2 of its fuel plan, a stage that keeps fuel flowing with close monitoring.
- The government confirmed four extra diesel cargoes worth about 200 million litres from South Korea, Brunei and Malaysia are due in late May or early June.
- A new Ampol deal will send another 100 million litres, lifting government‑backed diesel secured over the past week to roughly 400 million litres with BP and Viva Energy also involved.
- Supply lines are being diversified, with the United States now providing about 18 percent of imports and new volumes coming from Argentina and Algeria.
- Officials describe near‑term supply as secure and are considering extending the halved fuel‑tax beyond June 30 as the Strait of Hormuz remains closed and Level 3 prioritisation under the plan remains possible.