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flag Iran tensions disrupt global supply chains, spike oil prices to $100–$120, and threaten inflation, exposing Australia’s economic vulnerabilities.

flag A recent Iran-related conflict has exposed Australia’s economic vulnerabilities, triggering global supply chain disruptions and rising oil prices, with crude at $100–$120 per barrel threatening inflation and forcing potential fuel reserve use. flag Experts warn of systemic risks from geopolitical shocks, especially to energy, trade, and digital infrastructure, urging stronger national preparedness, diversified supply chains, and improved crisis coordination. flag While no direct military threat exists, the economic fallout underscores the need for proactive measures to enhance resilience amid growing global instability.

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