Countries ordered to work from home as fears grow for Aussie supplies: 'It's happening'

"We might be talking about work from home mandates. We might be talking about restrictions on air travel and even rationing, if it got bad enough for long enough. This assessment from Rabobank's senior macro economist Benjamin Picton highlights potential escalation of fuel conservation measures globally if supply constraints continue."

"Thailand is the latest country to tell workers across most of its government agencies to work from home effective immediately as it tries to reduce demand for fuel. Nations around the world continue to worry about the supply of refined liquid fuels as the Iran conflict continues to escalate - with some turning to increasingly drastic measures."

"Pakistan has ordered sweeping austerity measures to curb travel including closing schools for two weeks and enforcing rotating WFH mandates for government employees with the private sector urged to do the same. Universities have also been told to switch to online teaching while people have also been asked to restrict social gatherings."

Thailand, Pakistan, and Bangladesh have introduced emergency austerity measures to curb fuel consumption as global refined liquid fuel supplies face pressure from the Iran conflict. Thailand mandated work-from-home for government workers, suspended overseas trips, and encouraged energy conservation through stair use. Pakistan implemented school closures, rotating work-from-home mandates, and online university teaching. Bangladesh adopted similar emergency restrictions. These measures reflect growing concerns about fuel availability and potential future rationing. Economists warn that if shortages persist, countries like Australia may face comparable restrictions including air travel limitations and fuel rationing.

Read at Yahoo Finance