From coffee to commute, the Iran war is shaping our morning routines
Iran war disrupts global oil supplies, driving inflation across consumer goods in Australia's sixth month of the Strait of Hormuz blockade. Milk prices surged 12 percent at major supermarkets in April due to higher fuel, fertilizer, and plastic packaging costs. Economists warn temporary oil shocks risk becoming persistent inflation if companies pass costs to consumers rather than absorb.
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Published 31 Jul 2026, 18:37 UTC · Updated 31 Jul 2026, 18:40 UTC
Summary by OZbrief Editorial. Original report: ABC News – Australia. Editorial policy · Corrections
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