Sbs Hindi - Sbs
Why petrol prices are rising in Australia amid Iran conflict despite ‘good stock in reserves’
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:07:31
- More information
Informações:
Synopsis
Oil prices across the globe have surged to multi-year highs, as the war in Iran expands into a broader regional conflict. A prolonged war risks disrupting energy supply chains, particularly as key shipping routes through the Strait of Hormuz are effectively closed. Analysts say impacts are already being felt - and that has implications for the global economic outlook and inflation.