Fossil Fuel Windfall vs. a Fractured Transition: Australia's Energy Squeeze

Woodside Energy posted a $6 billion June quarter — a nearly 30 per cent revenue jump — as the Iran war sends shockwaves through global LNG markets. With Qatar's output crippled by Strait of Hormuz disruptions, Asian buyers are scrambling to Australia, the world's third-largest LNG supplier. CEO Liz Westcott confirmed "revenue is up, prices are up," noting that Qatari volumes represent 20 per cent of global LNG supply and are now "constrained completely." Meanwhile, **Ampol's...