Australia's oil reserves are down – enough for 28 days

"Economy" of Riyadh

The Australian government has announced negotiations with the United States to buy millions of barrels of oil to strengthen the dwindling reserves.
According to the latest government data, Australian crude and refined oil reserves for 28 days for May and diesel for 22 days were taken over for the month of May, but supplies were supported by subsequent purchases , according to the "German".
According to an agreement of the International Atomic Energy Agency (IAEA), Member States must have sufficient fuel reserves over 90 days.
Australian Energy Minister Angus Taylor said yesterday that Australia was in talks with the United States to refuel in order to support the reserves.
"A contractual arrangement would strengthen our inventory and the flexibility of our supplies," Taylor said in a statement.
"The arrival of crude oil in Australia could take 20 to 40 days," he said in a radio interview.
He noted that the negotiations with the United States had started a while ago.