Australia's Energy Transition Hits the Fast Lane — and the Oil Crisis Is the Accelerant

The Middle East oil crisis isn't just a supply shock — it's stress-testing Australia's energy transition, and the results are forcing every player in the game to show their cards.

Evidence For

Australia's fossil fuel dependency is getting a real-time price tag. Brent crude surged to $US109 a barrel — its highest in five months — after fresh strikes between the US and Iran disrupted shipping through the Strait of Hormuz, through which one-fifth of the world's oil supply...