Fuel security after Hormuz | That's Business with Alan Kohler

By ABC News (Australia)

Community Score: 50% | 3.1K views | 1w

0 community ratings: null thumbs up, null thumbs down

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

Tags: Australia, abc, abc news, news, alan kohler, alan kohler abc, alan kohler finance, ampol, fuel prices, oil prices, iran, middle east, donald trump, us iran war, ampol matt halliday, ampol ceo, trump, finance news, petrol prices, fuel excise

More from ABC News (Australia)

  • The biggest market sell-off since 'Liberation Day' | The Business | ABC NEWS — Score: 50%
  • Designer Katie Perry wins trademark case against pop star | ABC NEWS — Score: 50%
  • A look around the NT as residents deal with flooding emergency | ABC NEWS — Score: 50%
  • Bundaberg homes inundated after Burnett River peaks | ABC News — Score: 50%
  • Reindeer races in Finland draw international crowds | The World | ABC NEWS — Score: 50%
  • Grave fears for Iranian footballers after Australia asylum saga | The World | ABC News — Score: 50%