Diesel under pressure | How will the closure of Hormuz impact fuel supply and inflation in New Zealand and Australia?

About this episode

The episode discusses diesel supply chain disruptions due to tensions at the Strait of Hormuz and their implications for fuel prices and inflation in Australia and New Zealand.

RaboResearch Global Energy Strategist Joe DeLaura unpacks diesel supply chain disruptions stemming from tensions at the Strait of Hormuz. While global crude prices have been highly volatile, diesel prices in Australia and New Zealand remain elevated to attract the needed import volumes. RaboResearch Economic Strategist Ben Picton explains the implications for inflation, consumers, interest rates, and currencies. Disclaimer: Please refer to our global RaboResearch disclaimer at https://www.rabobank.com/knowledge/disclaimer/011417027/disclaimer for information about the scope and limitations of the material published on the podcast.

People in this episode

Guests: Joe DeLaura, Ben Picton

Topics covered

• diesel supply chain
• fuel supply
• inflation
• economic implications
• global crude prices
• import volumes

Keywords

• diesel
• fuel supply
• inflation
• Strait of Hormuz
• Australia
• New Zealand
• crude prices
• import volumes

Mentioned in this episode

Organizations: Rabobank

Places: Strait of Hormuz, New Zealand, Australia

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