The West Australian ·australia ·1 day ago

Middle East peace deal may stabilize oil supply but prices remain high

The supply of oil and gas may normalise within months if a Middle East peace deal holds, but lag effects may still push the cost of food and building materials higher.

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Summary by OZbrief Editorial · The West Australian · Source

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Published 18 Jun 2026, 23:17 UTC · Updated 18 Jun 2026, 23:20 UTC

Summary by OZbrief Editorial. Original report: The West Australian. Editorial policy · Corrections