Oil prices rise 3% after Donald Trump rejects Iran’s latest offer to restart talks. Australia’s Budget tonight will be watched for more cost of living relief for households. And inflation in China is higher than expected. In our deep-dive interview, ANZ Commodity Strategist Soni Kumari examines just how exposed aluminium supply and prices are to the Middle East conflict, given 75% of production depends on imported alumina and bauxite. Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/
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