Australian Prime Minister calls for an end to the US-Iran war, warns that fees at the Strait of Hormuz will severely impact global trade

1. Australian Prime Minister Albanese has recently publicly called for an end to the escalating Iran war, noting that this conflict has significantly driven up international energy prices and brought substantial uncertainty to Australia’s domestic fuel supply outlook. He revealed that the government will issue fuel-related policy announcements in the coming days or weeks, but did not specify the measures involved.2. Albanese stated: “We have consistently advocated de-escalation and an end to the conflict.” He emphasized that ensuring the unimpeded passage of the Strait of Hormuz is crucial for global trade, and warned that if this key waterway begins to impose passage fees, it will “seriously impact the global trading system.” Australia is highly dependent on Middle Eastern crude oil imports, with more than 90% of its oil demand currently relying on overseas supplies.3. Australia’s appeal comes as the conflict between the US and Iran continues to escalate. The Houthis in Yemen have recently launched attacks on oil tankers in the Red Sea, further exacerbating global energy supply tensions. The Australian side stated that it will continue to work with international partners to promote a diplomatic resolution to the dispute in order to ease pressures on the global energy market.