If You're Listening When will Australia run out of fuel?
20 snips
Apr 20, 2026 
Carrington Clarke, ABC senior business correspondent and host of ABC Business Daily and Fuelcast, breaks down oil supply risks and market turmoil. He unpacks Strait of Hormuz disruptions, wild price swings and spot versus futures tensions. Aviation fuel vulnerabilities and Australia’s export-first energy choices are explored in short, punchy conversations.
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Listener Panic After Gas Episode
- Matt Bevan recounts listener reactions to the previous episode about Australia's gas deals, prompting concern and many emails.
- The listener joked there should've been a warning to take blood pressure meds before listening.
Short Term Oil Volatility Threatens Supply
- Global energy markets are highly volatile right now with oil swinging between roughly US$80–120 a barrel.
- Carrington Clarke notes last Persian Gulf tankers to Australia are arriving now, creating immediate short-term supply risk and price sensitivity.
Chokepoint Instability Reverses Market Moves
- The Strait of Hormuz status has oscillated rapidly between 'open' and active hostilities, reversing market moves.
- Carrington Clarke explains US and Iranian actions (blockades, firing on ships, US seizure) created sudden supply interruption and price rebounds.