The war in Iran’s next phase could spell disaster for Australia’s energy market
The Australian Washington Correspondent Joe Kelly says the 14-point Memorandum of Understanding reached by the United States and Iran is “completely dead”.
Mr Kelly told Sky News Australia that the war between Washington and Tehran has entered a “very dangerous and perilous phase.”
He said the “prospect of another front being opened in the Red Sea” will lead to the Houthis “declaring a blockade on Saudi ports.”
“That will further disrupt global energy markets, including disproportionately our part of the world, or Australia’s part of the world.”
“We are now, I think, at a very critical point in this conflict.”
