Episode Details

Donald Trumps recent actions in Iran have sent global share markets into a tailspin, with the Australian Securities Exchange plunging over four percent and other markets following suit. Investors are reacting to surging oil prices, which have topped one hundred ten dollars a barrel, and fears of renewed inflation and slower growth. Only Australias oil and gas stocks stayed positive, while airlines like Qantas and Virgin suffered the worst due to higher fuel costs and travel disruptions. With no quick de-escalation in sight, markets brace for more volatility when US trading resumes.

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