The Australian federal government has announced a $10.7 billion investment to enhance fuel security in response to global oil supply disruptions, particularly amid the ongoing conflict in the Middle East. The plan includes allocating $7.5 billion to support fuel and fertiliser cargoes and expand storage capacity through loans and guarantees. Additionally, $3.2 billion will be used to establish a publicly owned reserve for diesel and jet fuel, aiming for a 50-day supply. This initiative is designed to address long-term fuel security rather than provide immediate relief at petrol stations. Critics, including environmentalists, argue that the government should prioritize renewable energy solutions instead of further entrenching reliance on fossil fuels. They express concerns that the package does not adequately address Australia's vulnerability to global fuel markets. Shadow Energy Minister Dan Tehan described the announcement as a recognition of a national fuel crisis, while NRMA spokesperson Peter Khoury highlighted the need for serious attention to fuel security. The government also plans to invest $10 million to explore increasing domestic refining capacity, acknowledging that around 90% of refined fuel products are currently imported.