Oil prices have tumbled after Donald Trump suggested a peace deal between the US and Iran could be near, raising hopes of lower fuel costs for Australian motorists. SBS On the Money speaks with MST Financial’s Saul Kavonic about why petrol prices may ease in the short term, but why oil markets are unlikely to return to pre-conflict levels anytime soon.
Plus, David Walsh from Sarto Advisory Pty Ltd breaks down a stronger day on the Australian sharemarket as gold and coal stocks surged, and Australia Post moves closer to lifting stamp prices to $1.85 as letter volumes continue to decline.
Listen to Australian and world news, and follow trending topics with SBS News Podcasts.
Share
