Can Australia dodge the next Iran oil shock? (australia) — SMH
SMH ·australia ·13 hours ago

Can Australia dodge the next Iran oil shock?

Iranian attacks on tankers in the Strait of Hormuz have disrupted global oil shipping this week, driving crude prices higher and affecting fuel costs worldwide, including Australia. The waterway carries one in five barrels traded globally.

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Published 19 Jul 2026, 09:00 UTC · Updated 19 Jul 2026, 09:10 UTC

Summary by OZbrief Editorial. Original report: SMH. Editorial policy · Corrections