Relative Return Insider: RBA caught in the crossfire as oil shock fuels inflation fears

In this episode of the Relative Return Insider podcast, host Keith Ford and AMP chief economist Shane Oliver unpack why the Strait of Hormuz chokepoint for global oil supply is the critical variable for markets. Shane warns that the longer the strait remains blocked, the higher the risk of further oil price spikes and extended economic pain, while Treasury modelling is forecasting inflation heading towards 5 per cent this year. Tune in to hear: How the multi‑million barrel per day oil shortfall continuing will affect global economies. With inflation heading higher, whether the RBA will make another move following this week's rate hike. Why short-term solutions need to be avoided in favour of real budget reform.