The Prime Minister says the US and Israel have "achieved" their goal of diminishing Iran's nuclear program and he can now see an end to the Middle East crisis.

But Anthony Albanese has moved to sure up Australia's fuel supply lines with a new taskforce, as the opposition accuses him of being flat-footed on the issue.

The Friday political panel breaks down what it means.

• Guests: Greg Brown, Chief Political Reporter at The Australian / John Kehoe, Economics Editor at The Australian Financial Review / Stephanie Borys, Radio National Breakfast Political Correspondent
• Producer: Jason Whittaker