In response to global energy market volatility, Singapore and Australia committed to maintaining the flow of vital fuel and gas resources between their nations. Both parties are collaborating on a legally binding agreement to secure essential supplies in the face of geopolitical conflicts.

Singapore and Australia pledged on Friday to keep fuel and gas flowing between them as the Middle East conflict rattled global energy markets, with both sides also working towards a legally binding agreement on essential supplies. At a joint press conference in Singapore, Australian Prime Minister Anthony Albanese said Canberra stood ready to supply more liquefied natural gas (LNG) if the city state needed it, while Albanese’s Singaporean counterpart Lawrence Wong said his government would...