Oil prices appear to stabilise after a surge episode artwork

EPISODE · Mar 9, 2026 · 47 MIN

Oil prices appear to stabilise after a surge

from dc · host Salai Dawtcemsang

G7 finance ministers have said they're ready to take measures to support the global energy supply, after meeting to discuss the economic turmoil caused by the US-Israeli war against Iran. Oil prices eased back below 100 US dollars a barrel, after they indicated this could include the release of strategic reserves. But they're still about 40 percent up since the start of the war, which has halted most exports from the Gulf. Concerns about the impact on the global economy have caused stock markets to fall in America, Europe and Asia.Also in the programme: Reports that members of Iran's women's football team are seeking refuge in Australia - we'll hear from a former Iranian sportsman who fled the country; and how AI is predicting the risk of serious heart disease from breast cancer screenings.(File Photo: A maze of crude oil pipes and valves pictured during a tour by the Department of Energy at the Strategic Petroleum Reserve in Freeport, Texas, US. Credit: Reuters/Richard Carson/File Photo)

G7 finance ministers have said they're ready to take measures to support the global energy supply, after meeting to discuss the economic turmoil caused by the US-Israeli war against Iran. Oil prices eased back below 100 US dollars a barrel, after they indicated this could include the release of strategic reserves. But they're still about 40 percent up since the start of the war, which has halted most exports from the Gulf. Concerns about the impact on the global economy have caused stock markets to fall in America, Europe and Asia.Also in the programme: Reports that members of Iran's women's football team are seeking refuge in Australia - we'll hear from a former Iranian sportsman who fled the country; and how AI is predicting the risk of serious heart disease from breast cancer screenings.(File Photo: A maze of crude oil pipes and valves pictured during a tour by the Department of Energy at the Strategic Petroleum Reserve in Freeport, Texas, US. Credit: Reuters/Richard Carson/File Photo)

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Oil prices appear to stabilise after a surge

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G7 finance ministers have said they're ready to take measures to support the global energy supply, after meeting to discuss the economic turmoil caused by the US-Israeli war against Iran. Oil prices eased back below 100 US dollars a barrel, after...

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