Australia announces potential new oil refinery for the country, first since the 1960s

We help each other to make sure that we have that resilience in a much more complex world.”The deal comes at the back of other recent deals - including Prime Minister, Anthony Albanese and India's Prime Minister Narendra Modi signing a uranium deal earlier this month.India and Australia announced a series of new nuclear, security and defence deals during Narendra Modi's visit to Australia, in hopes of ending more than a decade of delays to regular shipments of the fuel.Federal Energy Minister Chris Bowen says investing in onshore sovereign fuel refining capability is "sensible and prudent".Over the weekend, Mr Bowen reassured the nation about Australia's fuel storage, saying the country's fuel supply is secure.“Obviously the situation in the Middle East continues to be uncertain, but one thing Australians can be certain about is that our fuel supply continues to be solid and secure What we are focussed on is ensuring continued fuel and fertiliser coming in to Australia, and we are calling as so many in the international community are, for there to be ceasefire negotiations and an end to this conflict which have caused so many, global turmoil.”