In the third episode of QIC Market Watch | Tracking the Iran War, our Chief Economist Dr Matthew Peter and Senior Economist Lynda Bourke discuss how oil markets are adjusting to the ongoing closure of the Strait of Hormuz.
In this update, Matthew and Lynda discuss global oil supply and demand, why prices have not risen further and what Australia's fuel postion looks like. They also examine how markets are weighing the risk of higher inflation and interest rates against continued growth optimism and discuss where we currently sit within the three scenarios.
Watch now:
