Episode
Is the global fuel crunch about to hit us?
- Podcast
- ABC News Daily
- Published
- May 24, 2026
- Duration seconds
- 916
- Processing state
not_requested
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Summary
The cost of fuel across Australia has come off its highs, despite there being no resolution yet to the war in Iran and the closure of the Strait of Hormuz. But don’t get comfortable because the real pain from the global oil crunch hasn’t really hit us yet. Today, Saul Kavonic, energy expert at MST financial, on how we’ve weathered the storm so far and what could happen in the months ahead. Featured: Saul Kavonic, energy analyst, MST Financial