FEAR & GREED | Business News Fuel runs dry, ag hit by conflict; Meta, YouTube guilty in addiction trial; Qantas travails
Mar 26, 2026
Ross Fastuca, CEO of Webjet Business Travel and former founder of Locomote, is a tech-focused travel entrepreneur. He explains finding a gap in a mature industry. He describes using technology to disrupt and scale travel services. He discusses challenges and strategies for building a platform in corporate travel.
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Act Early With Conservation To Avoid Rationing
- Prepare conservation measures early such as staggered delivery schedules, remote work and public transport promotion.
- These steps reduce non-essential driving and lower immediate fuel demand before formal rationing is needed.
Fuel Shock Could Outlast Interest Rate Effects
- Fuel shocks have broad second-round inflation effects that feed into interest rates and wages.
- Higher oil prices push transport and input costs across the economy, making the fuel story potentially bigger and longer lasting than interest rate moves.
Fertiliser Shortages Won't Recover Immediately
- Even if the Middle East conflict ends quickly, supply restoration lags and agriculture may still miss key planting windows.
- Fertiliser routed via the Strait of Hormuz could take months to return, creating near-term crop risk.