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Hot war with Iran escalates economic cost
The resurgence of open warfare in the Middle East exposes the increasing vulnerability of the Australian economy.
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theage.com.au
With no end in sight to US-Iran war, Australia is getting oil from some unlikely places
Global trade is trying to rebalance due to the economic carnage of the US and Israel’s war with Iran. That means Australia is getting oil from some very unlikely places.
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afr.com
Hot war with Iran escalates economic cost
The resurgence of open warfare in the Middle East exposes the increasing vulnerability of the Australian economy.
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smh.com.au
ASX falls as Middle East tensions escalate; Oil jumps, Southern Cross slumps
The Australian sharemarket is lower in early trade as fresh US strikes on Iran cast doubt on the chances of a deal to reopen the Strait of Hormuz.