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About this episode

The episode discusses rising geopolitical tensions following a U.S. attack on an Iranian vessel and its impact on oil prices and monetary policy.

Tuesday 21st April 2026 NAB Markets Research Disclaimer   Financial Services Guide | Information on our services -   NAB Geopolitical tensions are rising again, following a U.S. attack on an Iranian merchant vessel in the Gulf, which sent oil prices jumping 5–6% with Brent nearing $95 a barrel. While JD Vance leads a U.S. delegation to Islamabad for high-stakes peace talks, a question remains as to whether Tehran will participate. Kevin Warsh’s pre-prepared speech to the senate banking committee spoke of a continuance of monetary policy free from the control of government. NAB’s Ken Crompton talks through all this with Phil, plus Canadian CPI, and the significance of tonight’s US retail sales numbers. Hosted on Acast. See acast.com/privacy for more information.

People in this episode

Host: Phil Dobbie

Topics covered

• geopolitical tensions
• oil prices
• monetary policy
• peace talks
• US retail sales

Keywords

• geopolitical tensions
• oil prices
• monetary policy
• peace talks
• US retail sales
• Iran
• JD Vance

Mentioned in this episode

Places: U.S., Iran, Gulf

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