Westpac CEO Warns Iran War May Spark Recession in Australia
Westpac Banking Corp.’s chief executive officer Anthony Miller has warned the conflict in the Middle East has raised the risk of a recession in Australia, saying that it was unclear how long supply chain disruptions from the Iran war could take to work their way through the economy.
Fuel crisis triggers global economic fears
- Amazon to slap a 3.5% surcharge on third-party sellers as Iran war drives up fuel prices ABC News —
- Oil prices surge while Asian share prices rise moderately ABC News —
- Australia’s fuel situation improves as ships carrying fuel head to our shores Sydney Morning Herald —
- Amazon slaps increased charges on third-party sellers as Iran war hits The Independent —
- Pakistan fuel crisis deepens: Diesel up 55%, petrol rises 42% amid Hormuz disruption Times Of India —