'A tax on households': Economists warn Middle East war to spike oil

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Source: ABC News
Published: 2026-03-02 16:03 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Middle East, Military & Defence, Iran, Energy, Tax & Budget, World News, Business & Economy, War & Conflict
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Snippet:
Analysts say disruptions to the passage of oil through the Strait of Hormuz pose a risk to global growth. (Reuters: Stringer/File Photo)
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