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Tim Buckley highlights the International Energy Agency’s warning of a severe global energy crisis, noting past price spikes after Russia’s invasion of Ukraine. He stresses ongoing fossil fuel dependence and escalating Middle East conflict disrupting oil supply, potentially for months. Australia, heavily reliant on imported fuel, faces rising costs and inflation. While renewable energy has improved electricity security, Buckley urges fuel conservation, reduced travel, and faster electrification, including electric vehicles, alongside stronger government action to reduce reliance on fossil fuels.