Why oil prices will remain high even if the war ends, and why stamp prices to rise

Oil prices have tumbled after Donald Trump suggested a peace deal between the US and Iran could be near, raising hopes of lower fuel costs for Australian motorists. SBS On the Money speaks with MST Financial’s Saul Kavonic about why petrol prices may ease in the short term, but why oil markets are unlikely to return to pre-conflict levels anytime soon.

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This episode was published on May 25, 2026.

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