Kerre Woodham: Are you feeling fuel anxiety?

Today we thought it would be Fuel Friday because we haven't really touched on the oil crisis so far, have we? I filled up at my local on the way to work and it was certainly more expensive than it was last week, but nowhere near the heights we've reached previously. Back in the day I had to give up driving the Club Sport, which was a beast of a car —loved that car— when fuel topped $3 a litre. I loved her, but I couldn't afford to keep her.

There's a lot of things like that really. With the war in Iran effectively closing the Strait of Hormuz, the only tankers going through are the most tenacious or those with a death wish as they attempt to negotiate the waters. I mean, there is oil getting through, but it seems to be a, ‘well, let's give it a bash’ rather than with any kind of certainty. So, one of the main sources of oil and fertiliser has, in effect, been blocked and Iran's doubling down on that. They're just going to shut up shop and that will be that.