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'Populist nonsense' - Australia’s 36-day fuel gamble exposed as Iran war ignites global oil crisis

'Populist nonsense' - Australia’s 36-day fuel gamble exposed as Iran war ignites global oil crisis

2GB Afternoons with Michael McLaren · 2GB

March 10, 20269m 7s

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Show Notes

Australia faces a dire economic reckoning as regional conflict and a blockaded Strait of Hormuz reveal the nation’s "unprepared and vulnerable" 36-day fuel stockpile, far short of international obligations.

Michael McLaren says decades of "populist nonsense" and a blind faith in just-in-time supply chains have left Australia standing on a "national security gamble" while global powers like China secured 100-day reserves.

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