Sunrise
Oil prices have dropped 40% since the peak of recent Middle Eastern conflict, but fuel security expert John Blackburn disputes US President Donald Trump's claim that 19 million barrels of oil passed through the Strait of Hormuz in a single day. Actual shipping data shows only 21 vessels on Saturday and 12 on Sunday, compared to the pre-conflict norm of 100-160 ships daily. High insurance costs, unresolved conflicts, and depleting strategic oil reserves suggest fuel prices may rise again in coming weeks, while Australia's fuel security remains inadequately addressed. See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.
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