The European Union and Australia have agreed on a free‑trade deal, concluding nearly a decade of negotiations as both sides work to strengthen ties and reinforce a rules‑based order under pressure from the Trump administration. At the same time, Canberra faces a potential energy crunch amid global disruptions linked to the war in Iran. Bloomberg’s Ben Westcott and Macquarie University’s Lurion de Mello break down the issues on "Bloomberg: The Asia Trade."
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