Tim Ayres (NSW, Australian Labor Party, Minister for Industry and Innovation) Share this | Hansard source

I thank the senator for her question. Of course, at this time, it underscores why strategy, action and implementation in relation to fuel reserves and minimum stockholdings are absolutely important. You can see what's happening in the international markets, where international leaders are moving to reassure customers, companies and countries about their fuel obligations and what is going on in a very difficult environment, where Iran has attacked, as the Foreign minister indicated earlier, 11 countries in that region, and that does have knock-on effects. It does mean that there is a dividend that we need to concentrate on now. That is delivered by firm action. President Trump, for example, is out there offering assurances in relation to these issues, but what we see is something very different from One Nation, the Liberals and the Nationals. (Time expired)