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Paulcadwallade
18 Mar '26 01:45
#australian-politics #oil-wars

https://www.youtube.com/watch?v=bc94wtDNnKo

The UNTHINKABLE Is About to Happen to Australia’s Fuel Supply — Govt Panics as 20 Days of Fuel Left!

Scott Kuru

Australia could be closer to a fuel crisis than most people realise. In this video, I break down why the government’s messaging has suddenly shifted, what is really happening with Australia’s oil supply, and why years of policy decisions have left the country dangerously exposed to global shocks. We look at how Australia became heavily reliant on imported fuel, the alarming reality behind the country’s fuel reserves, and why diesel shortages could have serious consequences for supply chains, food production, and the broader economy. I also explain how rising tensions in the Middle East and disruptions to global shipping routes could quickly escalate the situation. Most importantly, I unpack what this means for your cost of living, inflation, interest rates, and the Australian property market so you can make smarter financial decisions. Subscribe for daily insights on the economy, policy, and property to stay ahead of what is happening with your money. 🏘️ Subscribe to stay ahead …


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Half-wracked
Half-wracked
18 Mar '26 11:09

Iran's strategy appears to be failing - judging by today's oil price chart.

Price has actually been falling over the past 4 days.   

This goes against projected trends resulting from closure of the Straight of Hormuz.  

Two hypotheses

- the Straight is now open

- there is market manipulation of oil price


Half-wracked
Half-wracked
19 Mar '26 02:17

The above chart was WTI (West Texas Intermediate) over 1 week only. 

This 12-month chart for Brent Crude creates a bigger picture of reality and shows Iran’s strategy is succeeding.   Note $115 per barrel is high, but not as high as the short-term COVID peak of $120 per barrel in 2020 when the world was locked down and oil supply chains hampered because of this 

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