Penny Wong (SA, Australian Labor Party, Minister for Foreign Affairs) Share this | Hansard source

Issues with fuel impact throughout our economy. There are first-round effects, and there are downstream effects. We know that our response of how we deal with what is happening in Iran has to reflect the impact that this crisis has on fuel throughout the economy. We are very aware of that. So what I would say to you, Senator, is that I can give you an assurance that the government is working through how we seek not only to obtain more supply where we can, to shore up supply as much as we can, but also to understand the effects of this global shock throughout our economy, including in the areas you have outlined.