Impact of geopolitical instability on oil supply in Australia’s airline industry

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Geopolitical instability and unplanned oil supply outages significantly affect the airline industry, leading to higher flight costs and market instability.

With Australia’s crude oil reserves only sufficient for 53 days of consumption, a study from the University of South Australia highlights the need for sustainable fuel options, such as biofuels and hydrogen to diversify fuel supply sources and reduce reliance on a single region or supplier.

Image: Pexels – Jakub Pabis

Produced By: Jordan Zerella

Featured In Story: Professor Shane Zhang – Professor in Aviation at University of South Australia

First aired on The Wire, Thursday 6 March 2025