For six months the world quietly hid a fuel crisis from you, and it worked almost perfectly. Now every safeguard holding that illusion together is running out at the same time. In this video, I break down the real story behind Australia’s rising fuel prices, from the choked Strait of Hormuz and the damaged Saudi pipeline to the emergency oil reserves I have watched drain away just to keep the pumps flowing. Fuel costs do not stop at the bowser, so I follow how diesel, freight, farming, delivery charges and grocery prices all connect, and why the second wave of this cost of living squeeze has not even landed yet. If you want to understand where Australian inflation, interest rates and the property market go from here, this is the breakdown you need before the next RBA decision.
Source: Scott Kuru (@Scott-Kuru on YouTube)
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