SBS News – Australia ·australia ·2 hours ago

Oil prices soar 15 percent as Middle East conflict escalates

Oil prices surged this week due to the escalating war in the Middle East, with brent crude climbing over 15 percent to around US$105 a barrel. The Australian government announced a new $1,000 tax deduction aimed at over six million workers to simplify tax filing, although immediate financial benefits will not be realized until.

Summary by Glance · SBS News – Australia

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