The 'doomsday' scenario for fuel supply | ABC News Daily podcast
The US blockade of Iranian ports in the Strait of Hormuz could make the fuel crunch in Australia even worse. The government’s urging Australians to do what they can to use less fuel, but when will more severe restrictions kick in? Today, Saul Kavonic, energy analyst at MST Financial on why we’re facing a ‘doomsday’ scenario that’s been war gamed for decades. He’s warning that fuel prices will not return to pre-war levels for at least a year. Featured: Saul Kavonic, energy analyst at MST Financial
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