Fuel crisis set to worsen as oil supplies dwindle

Australia faces an escalating fuel crisis as the full impact of Middle Eastern conflict disruptions begins to materialise. Defence expert John Blackburn warns that the 20% reduction in oil supply from the Straits of Hormuz will create severe shortages by month's end, affecting diesel prices, food packaging, and supply chains. The government is negotiating bilateral fuel deals with Asian refineries, but experts say 15 years of inadequate preparation has left the nation vulnerable to prolonged shortages and price increases.See omnystudio.com/listener for privacy information.