Another oil shock is here

Brent crude is back above US$100 a barrel, with a second critical global energy choke-point now looking increasingly vulnerable. At the same time, Australia has its own problem to solve. The Reserve Bank of Australia says inflation remains the country’s biggest economic concern - but some of the pressures pushing prices higher, including another jump in oil, are coming from forces Australian interest rates can’t control.So how dangerous is this latest oil spike - and are borrowers being asked to carry the cost of inflation they didn’t create?Carrington Clarke and ABC Business Editor Michael Janda break it all down on ABC Business Daily.Listen to our chat with Satyajit Das on if we're heading for a "Bondmageddon" here.Got a burning business question?We'd love to hear your questions! If there’s business and economic news that has you stumped or you'd like further insight into, we're here to help. Send a short voice recording to Carrington and the team at [email protected] and we'll attempt to answer it.