The Aporia
Australia has announced it will not purchase Russian fuel despite recent agreements between the US and Russia to release Russian diesel into global markets. Chris Bowen, Australia’s minister for climate change and energy, stated during a press conference in western Sydney that buying from Russia would contravene sanctions aimed at penalizing Russia for its invasion of Ukraine. Despite the US working with Russian President Putin to release approximately 13.5 million barrels of diesel initially, Australia maintains its stance due to upcoming US midterm elections and rising fuel prices. Bowen also reported that Australia currently has a supply of 43 days' worth of petrol and 31 days’ worth of diesel.