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Concerns Iran War Will Cause Inflation Spike

Fuel prices surged to $2.42 per litre in parts of Australia as wholesalers ration supplies and motorists hoard petrol amid disrupted Middle East oil production.

Economists are warning rising oil prices will cause the inflation rate in Australia to jump to 5 per cent.

9 Articles

Sydney Morning HeraldSydney Morning Herald
+2 Reposted by 2 other sources
Lean Left

Concerns Iran war will cause inflation spike

Economists are warning rising oil prices will cause the inflation rate in Australia to jump to 5 per cent.

·Sydney, Australia
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  • 40% of the sources lean Left, 40% of the sources are Center
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The West Australian broke the news in Australia on Monday, March 9, 2026.
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