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Regional markets smashed as oil surges over US $100

On the Money - Petrol prices (Getty).jpg

Nearly $90 billion dollars has been wiped from the S&P/ASX 200, as war in Iran sent oil prices skyrocketing past US$100 a barrel for the first time since Russia invaded Ukraine in 2022; The rising oil price sparks panic buying and reports of fuel rationing at some petrol stations in Australia.


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Presented by Stephanie Youssef

Source: SBS News



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Nearly $90 billion dollars has been wiped from the S&P/ASX 200, as war in Iran sent oil prices skyrocketing past US$100 a barrel for the first time since Russia invaded Ukraine in 2022; The rising oil price sparks panic buying and reports of fuel rationing at some petrol stations in Australia.


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