With no end in sight to US-Iran war, Australia is getting oil from some unlikely places

🇦🇺 The Sydney Morning Herald (AU) —
With no end in sight to US-Iran war, Australia is getting oil from some unlikely places

AI Summary

Due to ongoing conflict involving the US and Iran, global trade routes for oil are adjusting, with Australia sourcing oil from unusual suppliers. The shifting supply chain reflects broader geopolitical and economic impacts of the US-Iran war.

Global trade is trying to rebalance due to the economic carnage of the US and Israel’s war with Iran. That means Australia is getting oil from some very unlikely places.

World Security Politics Markets Commodities Energy oil trade Australia US-Iran war energy supply global trade rebalancing geopolitics

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