🛢️ How does the conflict in the Middle East impact Australia?
War in Iran could cause the biggest oil shock in years
Investors shouldn’t miss Bullock’s Iran warning
RBA’s Bullock warns of Iran risk as inflation tops nation’s worries
Iran war oil inflation is a nightmare for RBA
Strikes on Iran throw spanner in the works for inflation as oil price surges - ABC News
Iran hits more tankers as Oman closes key oil terminal
On Saturday, the 28th of February 2026, a joint US/Israel effort was launched against Iran, launching missiles at Tehran, Iranian military bases, and Iranian infrastructure. This conflict is ongoing. The impact of the conflict may be drastic on the global economy and on Australia’s consumer price index (CPI) inflation.
