Fresh strikes in Iran caused Brent oil prices to spike, leading to an RBA official guiding monetary policy for Australia.
3 reports, 3 independent
Updated Sun 00:00
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What happened
Fresh strikes in Iran caused Brent oil prices to spike, leading to an RBA official guiding monetary policy for Australia.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.RBA raises cash rate amid inflation, linked to rising Brent crude production costs.1 source
Oil price spikes following fresh strikes in Iran influenced RBA policy.1 source
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The entities involved
- Brent
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Sarah Hunter
researcher (ORCID 0000-0003-2453-0770)
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Related events
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- Iran deploys tactics and attacks on Saudi Aramco, driving up crude oil prices and boosting Canadian energy exports.
- Brent price increases are raising local production costs in South Africa, prompting commentary from Investec economists.