Toyota to slash even more output abroad as Iran war crimps demand

The Strait of Hormuz de facto closure demonstrates vulnerability in Australia's critical energy supply chain; ~40% of Australia's oil imports transit Hormuz, and sustained disruption drives fuel price escalation that degrades fiscal buffers and manufacturing competitiveness. This validates core scenarios (hormuz_closure, energy_grid_failure) and signals that resource sovereignty (Pillar 1) and fiscal resilience (Pillar 2) face real-time stress from geopolitical friction in chokepoint regions critical to Australian supply.