EPISODE · Jul 3, 2026 · 29 MIN
Ampol on fuel security after Hormuz
from ABC Business Daily · host Australian Broadcasting Corporation
The war between Iran, the US and Israel has forced the world to confront just how fragile energy supply still is. Even with a memorandum of understanding now in place, the Strait of Hormuz remains a live fault line - and the shock has again exposed how quickly fuel security can become an economic and political question.Matt Halliday runs Ampol, one of Australia’s biggest fuel retailers and the owner of the Lytton refinery in Brisbane. He joins Alan Kohler to talk about what the conflict exposed about Australia’s fuel vulnerabilities, how Ampol managed through the disruption, and why refining, storage and supply have once again become strategic questions - not just commercial ones.It is also a conversation about the transition already under way - electric vehicles, public charging, low-carbon fuels, and how a company built around petrol and diesel plans for a market that is slowly, unevenly, starting to shift.And yes - Alan also asks the obvious question: does the chief executive of Ampol see an electric car in his own future?Ampol chief executive Matt Halliday joins Alan Kohler to unpack it all on That's Business with Alan Kohler.Got a burning business question?Send a short voice recording to the ABC Business Daily team at [email protected]
What this episode covers
The war between Iran, the US and Israel has forced the world to confront just how fragile energy supply still is. Even with a memorandum of understanding now in place, the Strait of Hormuz remains a live fault line - and the shock has again exposed how quickly fuel security can become an economic and political question. Matt Halliday runs Ampol, one of Australia’s biggest fuel retailers and the owner of the Lytton refinery in Brisbane. He joins Alan Kohler to talk about what the conflict exposed about Australia’s fuel vulnerabilities, how Ampol managed through the disruption, and why refining, storage and supply have once again become strategic questions - not just commercial ones. It is also a conversation about the transition already under way - electric vehicles, public charging, low-carbon fuels, and how a company built around petrol and diesel plans for a market that is slowly, unevenly, starting to shift. And yes - Alan also asks the obvious question: does the chief executive of Ampol see an electric car in his own future? Ampol chief executive Matt Halliday joins Alan Kohler to unpack it all on That's Business with Alan Kohler. Got a burning business question? Send a short voice recording to the ABC Business Daily team at [email protected]
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Ampol on fuel security after Hormuz
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