The Singapore government has successfully negotiated a deal to ensure Australia remains our primary sugar daddy for fuel and essential supplies.

With the Strait of Hormuz currently more congested than a Jurong East interchange at 6 PM, the new protocol guarantees that Singapore won't immediately revert to the Stone Age.

Ministers from both sides confirmed that the agreement is "guided by principles of mutual interdependence," which is a fancy way of saying Australia has the gas and Singapore has the crushing anxiety.

"Friends always matter," said Foreign Minister Vivian Balakrishnan, while desperately checking if the tankers from Perth had cleared customs yet.

Under the pact, Australia has promised not to block exports of diesel and LNG, mercifully allowing Singaporeans to continue sitting in traffic jams within the comfort of climate-controlled luxury sedans.

In exchange, Singapore has pledged to remain a tiny, resource-depleted rock that serves as a convenient parking lot for Australian investments and hungover tourists.

The protocol will enter into law once Singapore finishes its domestic process of pretending we aren't completely screwed without external help.

Officials noted that the partnership goes "beyond friendship," resembling the bond between a person who forgot their wallet and the only friend willing to pay for their $28 salad.