The war in the Middle East has sent Australia’s fuel prices soaring.

And people are worried that if the battle between the US-Israel and Iran continues for another month – Australia may have to begin rationing fuel.

Already, drivers are panic buying, stockpiling and some country petrol stations are running dry.

Global oil supplies are under threat as Iran attacks tankers in the Strait of Hormuz.

Today, Tim Buckley, the Director of Climate Energy Finance, and the question: as the oil shock hits home, how high could the price at the pump really go?

 

If you enjoy 7am, the best way you can support us is by making a contribution at 7ampodcast.com.au/support.

 

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Guest: Tim Buckley, Director of Climate Energy Finance

Photo: PR Image/Supplied by Nathan Falvo

The war in the Middle East has sent Australia&rsquo;s fuel prices soaring.
And people are worried that if the battle between the US-Israel and Iran continues for another month &ndash; Australia may have to begin rationing fuel.
Already, drivers are panic buying, stockpiling and some country petrol stations are running dry.
Global oil supplies are under threat as Iran attacks tankers in the Strait of Hormuz.
Today, Tim Buckley, the Director of Climate Energy Finance, and the question: as the oil shock hits home, how high could the price at the pump really go?
&nbsp;
If you enjoy 7am, the best way you can support us is by making a contribution at <a href="http://7ampodcast.com.au/support">7ampodcast.com.au/support</a>.
&nbsp;
Socials: Stay in touch with us on <a href="http://www.instagram.com/7ampodcast">Instagram</a>
Guest: Tim Buckley, Director of Climate Energy Finance
Photo:&nbsp;PR Image/Supplied by Nathan Falvo

An independent daily news show. We feature the country’s best reporters, covering the news as it affects Australia. This is news with narrative, every weekday.

An independent daily news show. We feature the country&rsquo;s best reporters, covering the news as it affects Australia. This is news with narrative, every weekday.

A daily news show from the publisher of The Monthly and The Saturday Paper.

A daily news show from the publisher of The Monthly and The Saturday Paper. Hear from the country’s best reporters, covering the news as it affects Australia. This is news with narrative, every weekday.

“Prices could double”: how the fuel crisis will hit your hip pocket

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