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Australian Prime Minister Anthony Albanese has announced that his country is ready to assist international efforts aimed at restoring stability and security in the Strait of Hormuz. His statement came after participating in a virtual summit jointly hosted by French President Emmanuel Macron and UK Prime Minister Keir Starmer. In a post on social media platform X, Albanese emphasized Australia's commitment to contributing to the initiative.

He warned that the longer the conflict continues, the more severe its impact will be on the global economy and humanitarian conditions. Referring to domestic concerns, Albanese noted that Australians are already feeling the effects on fuel supply and prices, and the government is working to protect families from these negative consequences.

Australia relies heavily on refined fuel from Southeast Asia, which depends on crude oil transported through the Strait of Hormuz. Continued instability in the region could therefore place additional pressure on the country’s energy supply.

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