WA Premier Roger Cook has “no confidence” the country will avoid moving to level three on the national fuel security plan as the Strait of Hormuz closure continues to drive an oil shock that has rattled the Australian economy.

Speaking to a crowd of 900 West Australian business and political figures at a Business News breakfast on Thursday, Cook offered a pessimistic assessment of the state of fuel uncertainty, despite Commonwealth assurances national supplies were confirmed until mid-May.

WA Premier Roger Cook speaks at a Business News breakfast at Crown Perth. Business News/Matt Jelonek

When asked, from what he had seen in the Middle East in the past 48 hours, whether he had any confidence Australia would remain at level two of the national fuel security plan, Cook responded quickly: “No.…