SBS News In Depth Folgen

Brent crude surges as Middle East tensions escalate, sending fresh shockwaves through global energy markets and raising concerns the real supply crunch has yet to reach Australia. In this episode of the SBS On the Money Podcast, analysis from Saul Kavonic, Head of Energy Research at MST Marquee, unpacks why this spike is sharper and faster than 2022, while Luke McMillan from Ophir Asset Management explains what it all means for the ASX after shares fell amid rising inflation fears and interest rate pressure.

After weeks of pressure over surging petrol prices, the federal government has cut the tax on fuel in half. It's a three-month measure costing the budget billions, as the Prime Minister steps out a four-part plan to respond to the conflict.

Iran has accused the United States of plotting a ground attack, even while officials seek talks to end the war. Pakistan says it is ready to step in as mediator to bring an early and permanent end to the conflict, which is entering its fifth week.