✉news BusinessEconomy first seen 1 d ago, last 23 h ago, peak #12

Chalmers calls US-Iran war an economic disaster

Original: Chalmers calls the US-Iran war an economic "disaster," flags budget strain and Japan trip

Australian Treasurer Jim Chalmers has described the US-Iran conflict as an economic "disaster," warning that it is putting strain on the federal budget. He also flagged an upcoming trip to Japan, where economic repercussions of the Middle East escalation are expected to be on the agenda as markets weigh oil and inflation risks.

Why now: The US-Iran conflict is driving fresh concern over global economic fallout, budget costs and energy prices.

Jim ChalmersAustraliaUnited StatesIranJapan

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• Chalmers calls the US-Iran war an economic "disaster," flags budget strain and Japan trip · Briefs Finance

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