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Oil crisis causes Qantas to slash flights & US block of Hormuz begins

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In today’s episode, Qantas fears its fuel bill could hit $3.3 billion as the cost of jet refining fuel soars, with the Flying Kangaroo axing some domestic routes to help supply international demand, National News Director of Business Adrian Lowe outlines what passengers need to know.  Plus, Middle East expert Dr Rodger Shanahan explains what the blockade of the Strait of Hormuz means and why it’s another step in the ratcheting up of pressure on Iran.

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