Lates News

Australian Prime Minister Albanese will hold a national cabinet meeting in Canberra to address the increasingly serious energy crisis affecting the economy. The meeting, which will include leaders from various states, is expected to discuss fuel rationing. Albanese is urging the states to reach consensus on how to implement this measure if necessary. Rationing measures have not been implemented yet. Additionally, Albanese is facing calls to lower the federal fuel tax in order to reduce consumer prices, but the main focus of this meeting will be on strengthening the supply chain. The meeting aims to ensure stable fuel supply, as government leaders hope to avoid taking more "hardline" measures to address this crisis that is causing gasoline prices to soar and casting a shadow over the economic outlook.