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Home > SBS News In Depth > How Iran war is impacting oil and fuel prices in Australia and globally
Podcast: SBS News In Depth
Episode:

How Iran war is impacting oil and fuel prices in Australia and globally

Category: News & Politics
Duration: 00:06:13
Publish Date: 2026-03-04 02:06:00
Description: Oil prices across the globe have surged to multi-year highs, as the war in Iran expands into a broader regional conflict. A prolonged war risks disrupting energy supply chains, particularly as key shipping routes through the Strait of Hormuz are effectively closed. Analysts say impacts are already being felt - and that has implications for the global economic outlook and inflation.
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