Nervousness as markets watch Iran conflict unfold
A potential oil price shock could put pressure on New Zealand households and businesses, analysts say.
Middle East tension has increased after the US strikes in Iran over the weekend.
Markets are closely monitoring whether an oil price shock will eventuate if the Middle East conflict ratchets up further.
The conflict ramped up on Sunday after the US launched unprecedented surprise strikes on three nuclear sites in Iran using B-2 stealth bombers. This further escalated tensions
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