Investors are being warned oil prices may spike with the Hamas attacks on Israel being tied to Iran.
The impact will depend on how much the horror events “blowback” on Iran, according to CBA’s mining and energy commodities strategist Vivek Dhar.
“I think that will really come into the equation when we talk about this oil price premium,” Mr Dhar told Sky News Business Editor Ross Greenwood.
He said if the United States turns its attention to Iran, any reprieve in their oil exports will be reversed.
“That is where we could see this deficit in the fourth quarter really start turning south.”
19 Comments
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I just signed up!✌️
the religion of peace strikes again😮
Oh brilliant oil goes up àgain
Zionists causing this..
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Israel: Jews vs Muslim
India: Hindu vs Muslim
Myanmar: Buddhist vs Muslim
Nigeria, Lebanon,Armenia: Christians vs Muslim
China: Atheist vs Muslim
Afghanistan,Syria, Yemen: Muslim vs Muslim
When Muslims reach 10% in Australia, Aussies will understand what Islam means.
How convenient, next they'll tell us the rockets were Russian. Believe nothing from msm
Always something. Next it’ll be the referendum sending fuel over $3 a litre.
Great for me. Sucks for you… better hurry that “green energy” just saying
I’ve worked for Israelis
They are ass holes!
Fook
SkyFakeNews continues to support terrorism by supporting the government of Israel who stole Palestinian lands.
Elite plan, gossip, propaganda mouths.
Stop saying “may”. You know the oil companies justify any reason to hike up the price.
Any fucking excuse to charge people more for gas will do!
The sun and wind supply for our renewables will sky rocket in price.
Why we get no oil from them it’s time we stood up and said enough we have enough oil in Australia to look after ourselves fuel went up 40 cents in 20 years it’s gone up almost 70 cents in just 3 years this is insane. Wake up. Don’t buy stupid electric cars they are toxic and useless you will lose thousands as you won’t be able to give them away after they reach 5 years.