Middle East conflict pushes oil to 4-month high; Australian fuel prices to rise 20-30c

Escalating Middle East conflict has driven global oil prices to their highest since mid-May, with Australian fuel prices expected to rise 20-30 cents over coming weeks. Concurrently, investors are dumping stocks and bonds amid fiscal alarm over Trump's $5,000 dividend promise, though the oil price move is the primary driver. The situation is developing as conflict dynamics and market reactions remain fluid.