Are rising gas prices just the start? Economic analysts warn the worst is yet to come
Surging oil prices continue to ripple through the global economy because of the war with Iran.
Are rising gas prices just the start? Economic analysts warn the worst is yet to come
Surging oil prices continue to ripple through the global economy because of the war with Iran.
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Economists warn fuel price cut likely to come with 'sting in the tail'
Drivers will pay about 26.3 cents less on every litre of fuel they buy for three months, but some economists warn it could ultimately leave Australians worse off. Grouped from 2 articles across 1 sources.
ABC Australia
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Fuel rations and free buses: How countries are responding to rising oil prices
Governments around the world have introduced measures to limit the impact of price increases.
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China suppliers warn of higher prices for Americans due to Strait of Hormuz closure
The Iran war has stalled shipments of oil and its products through the Strait of Hormuz, raising concerns among Chinese manufacturers about supply chain disruptions.
CNBC
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Analyst says that Iran’s interest is in an extended war
Rob Geist-Pinfold, says that the United States has an interest in ending the war while Tehran is likely to prolong it.
Al Jazeera
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Rising fuel costs force Australians to rethink Easter holidays
Rising fuel prices driven by the Middle East conflict are hitting the domestic tourism sector, with cancellations surging ahead of the Easter long weekend.
ABC Australia
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Pessimism sets in for Europe as Iran war hits economic and consumer confidence
Economic sentiment in Europe plummeted in March, according to the latest flash data released on Monday.
CNBC