Oil prices hold despite rising Gulf tensions
Kia ora.
Welcome to Monday’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 clashes in the Strait of Hormuz are unstitching the uneasy ceasefire and giving credence to sceptics who saw the 'truce deal' between the US and Iran as superficial and flawed. The US believes its own propaganda, thinking it is negotiating from strength, but no-one else does, least of all Iran. US allies in the region are starting to realise the US will throw them under…
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