The oil shock: Australian inflation could stay higher for longer

With crude prices climbing amid prolonged Middle East tensions, persistent energy costs are fuelling a sticky wave of cost-push inflation across the broader economy. This structural oil shock threatens to keep interest rates higher for longer while squeezing corporate margins and Australian household budgets throughout the supply chain. Today's Watchlist: Ampol, PLS, Palo Alto Check out these stocks: www.moomoo.com/quote