Podknife - Why oil prices could spike if Israel-Iran tensions escalate by RN Breakfast

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Why oil prices could spike if Israel-Iran tensions escalate

Podcast |: RN Breakfast - Separate stories podcast
Publisher |: ABC Podcasts
Media Type |: audio
Podknife tags |: Australia,; Interview,; News & Politics,; On The Radio
Categories Via RSS |: Daily News,; News
Publication Date |: Apr 15, 2024
Episode Duration |: 00:05:17

Oil prices may have stabilised overnight, but the prospect of a war between regional powers in the middle east has investors on high alert.

Iran is a founding member of the OPEC group of oil producing nations, and some analysts believe a war with Israel would push prices above $100 US a barrel.

Guest: Steven Hamilton, Assistant Professor of Economics at The George Washington University

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