Tuesday: Oil prices up with tensions in Strait

Tuesday: Oil prices up with tensions in Strait

May 4, 2026 · 10 min

About this episode

The episode discusses rising oil prices due to tensions in the Strait of Hormuz and features an interview with ANZ Economist Vicky Xiao Zhou on investment trends in China.

Oil prices jump again as tension ratcheted up in the Strait of Hormuz overnight. The Reserve Bank of Australia is expected to hike later today, adding to pressure on Australian housing markets already cooling. In our deep-dive interview, ANZ Economist Vicky Xiao Zhou analyses a bounce in investment in China, thanks to a surge in data centre building and the electricity infrastructure to go with it. Before accessing this podcast, please read the disclaimer at ⁠https://www.anz.com/institutional/five-in-five-podcast/⁠

People in this episode

Host: ANZ

Guest: Vicky Xiao Zhou

Topics covered

Keywords

Mentioned in this episode

Organizations: Reserve Bank of Australia

Places: Strait of Hormuz, Australia, China

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