Warsh in the hot seat
Kia ora.
Welcome to Thursday’s Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand.
I'm David Chaston and this is the international edition from Interest.co.nz.
Today we lead with news there is optimism the Persian Gulf oil supply may be easing as satellite data showed three supertankers crossing the Strait. Most were Chinese. But there is still 160 tankers trapped in the Gulf as Iran now effectively controls the passage. US moves now depend on Trump's latest mood change.
The latest update of US crude oil stocks showed another outsized reduction last…
The skinny
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