Could the Iran war lead our economy into a recession?

Past oil shocks have sparked economic downturns and as petrol and diesel prices climb now, it could happen again. 

Today, the ABCs finance expert Alan Kohler on why he thinks this could be one of the great disasters of our lifetime. 

Featured: 

Alan Kohler, ABC finance expert and host of the “That's Business with Alan Kohler” podcast

Will there be enough fuel for Easter travel?

ABC News Daily is the podcast that helps you understand the issues affecting your world. Every episode, host Samantha Hawley walks through one story with the help of an ABC colleague or expert in under 15 minutes. When you want coverage you can trust, listen to ABC News Daily.

From interest rates, real estate and the housing crisis, to scams and US politics, ABC News Daily brings you facts and analysis you need to understand the biggest news stories.

The podcast covers news from America, with analysis of the Donald Trump administration in the White House. His actions, including threats of massive tariffs have big implications for global politics and the economy and US journalists and experts will explain what's at stake. 

As Australians battle a cost-of-living crisis, ABC News Daily looks at the causes of inflation, rising rental costs, house prices, insurance costs and the price of groceries. Key experts in business and finance join Samantha Hawley, explaining the state of the economy, the unemployment rate and the jobs market.

Whether you rent, own an investment house or apartment, or are repaying a mortgage, ABC News Daily offers unique insights and analysis. When there are big moves from the Reserve Bank (RBA) on interest rates, or reactions in the ASX or the Australian dollar, guest experts, including economists, explain why.

Look into ABC News Daily's archive to find episodes on electric vehicles (EVs), artificial intelligence (AI), politics, the big banks, supermarkets, Tesla, Elon Musk, education, schools, teachers and crime.

Watch for episodes about federal politics and the leadership of Labor's Anthony Albanese. We look at policy areas that matter for voters, including education, health, housing and immigration and assess the proposals from the federal opposition. 

ABC News Daily follows developments in the Middle East and the war between Israel and Hamas, with insights into the actions of Benjamin Netanyahu.

The podcast looks at the latest from Ukraine as Volodymyr Zelensky fights to repel the Russian invaders led by Russia's President Vladimir Putin. As China's Xi Jinping contemplates the future of Taiwan, ABC News Daily will sort fact from fiction.

As climate change fuelled by greenhouse gas emissions increases the risk of natural disasters, including fires and floods, ABC News Daily brings you fact-based analysis.

The podcast covers the future of renewable / green power generation, including the use of wind turbines, solar and hydro electric power.

ABC experts including Ian Verrender, Alan Kohler, Laura Tingle, David Speers, and Annabel Crabb join Samantha Hawley to step through big issues and current affairs.