RBA now twice as likely to hike interest rate as US-Iran war drives fuel prices higher

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Source: Guardian Australia
Published: 2026-07-22 01:00 UTC+10:00
Section: Reserve Bank of Australia
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Transport, Middle East, Military & Defence, Australia, Iran, Energy, Economy & Finance, Financial Markets, World News, Business & Economy, War & Conflict
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Snippet:
Experts warn global energy market at a ‘critical juncture’ with escalating Middle East crisis expected to further drag on a slowing Australian economy
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