Follow the latest updates live Get our breaking news email , free app or daily news podcast Rising fuel prices could force interest rate rise Shane Oliver , chief economist at AMP, said fuel prices could rise another 10 cents as the rebound in oil prices had not yet fully flowed through, in a note on Friday. The longer the strait remains closed and the war escalates, the greater the risk that oil prices will have to rise to around $US150/barrel to bring demand down to match the hit to supply. Continue reading...
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