Australian Treasurer Chalmers: The Treasury has conducted simulations and forecasts for two scenarios – oil prices remaining at $100 per barrel in the first half of the year, or oil prices rising to $120 per barrel and taking three years to recover t

2026-03-18

Australian Treasurer Chalmers: The Treasury has conducted simulations and forecasts for two scenarios – oil prices remaining at $100 per barrel in the first half of the year, or oil prices rising to $120 per barrel and taking three years to recover to pre-conflict price levels.