Australia’s economy at risk amid Iran conflict

Matt Grudnoff discusses inflation, fuel disruptions and recession risks in Australia on Ticker

Australia’s economy is facing renewed pressure as escalating tensions linked to the Strait of Hormuz threaten global oil supply, with experts warning of rising fuel prices and mounting recession risks driven by energy market instability.

Matt Grudnoff from the Australia Institute explains how disruptions in this critical shipping route could flow through to inflation and household costs.

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