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Chevron labor dispute threatens global gas supply as Australia intervenes in energy industry

  • Chevron workers in Australia initiated strikes at major LNG export facilities.
  • The strikes have temporarily disrupted over 5% of global LNG supply.
  • Chevron has asked Australia's Fair Work Commission to intervene and end the strike.
  • The Commission will hold a hearing but a timely resolution is uncertain.
  • Australia is implementing new regulations on its gas industry amidst energy supply concerns.
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