SINGAPORE, April 10 -- Australia and Singapore agreed to the continued flow of refined fuel and liquefied natural gas (LNG) on Friday as the trading partners boosted ties amid a shaky ceasefire between the United States and Iran.

Australia relies on imports for an estimated 90 per cent of its refined fuel products, of which around a quarter comes from Singapore.

Singapore, in turn relies on LNG from Australia, with Canberra sending around 32 per cent of the city-state's needs as its largest supplier.

The two countries signed a non-binding agreement Friday, saying they would make "maximum efforts to meet each other's energy security needs" as the Strait of Hormuz remains largely closed.

"I have assured Prime Minister Albanese that Sing...