Oil prices settle to be +12% above conflict-start levels, +25% above early 2026 levels
Audio is licensed by Shutterstock. Track 1219389 Monetization ID TFGEPGEI0LHEIJAI
----
Kia ora.
Welcome to Friday’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 financial markets may be moving on from the US-Iran deal, but commodity markets are noting that Iran will now have the opportunity to charge for transit ('fees' but no 'tolls') after a key US concession. The MOUis signed.
In the US, jobless claims dipped slightly last week to 219,500…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.