The United States has now put into effect its blockade of Iran's blockade of the Strait of Hormuz; a blockade of a blockade. For any country importing its oil from the Persian Gulf, this makes things much worse. That's because, with Iran's single blockade, some oil did get through. Take China as an example, they obtain about 40% of their total energy imports from the Gulf. Now, that supply appears shut off, which forces China to start buying from other suppliers, driving up the price of oil generally, but also denying smaller nations like Australia and New Zealand. China's volume demand is so great, they could now soak up everything.
What is astonishing to me is how lightly the Australian and New Zealand governments are taking this. They are like sheep being led into the abattoir. Immediate action is required - this is what the NZ government must do: https://kenhorlor.blogspot.com/2026/03/new-zealand-fuel-crisis-action-required.html
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