Australian PM warns of months of economic shock
JAKARTA - Australian Prime Minister (PM) Anthony Albanese warned of potential economic shocks for months due to the US-Israeli war on Iran.
"The coming months may not be easy. I want to be honest about that. No government can promise to remove the pressure caused by this war," Albanese said in his speech to the Australian people via his X account on Wednesday, April 1.
My Address to the Nation. pic.twitter.com/Iaqts9Rd4X
— Anthony Albanese (@AlboMP) April 1, 2026
The US-Israeli conflict vs Iran has entered the 32nd day with the escalation of the attack still not easing.
On Tuesday, March 31, the US-Israel attacked a number of facilities, including one of Iran's largest pharmaceutical factories that produces medical devices, cancer drugs and anesthesia.
The US is also reportedly planning to carry out ground operations and add another 10,000 troops to the Gulf or Middle East region. Thus, the total number of US troops will reach more than 50,000 at various US military bases such as Bahrain, Saudi Arabia, Iraq, and the UAE.
Meanwhile, Iran, denied any formal negotiations from the US, which continues to bombard its territory. Iranian Foreign Minister Abbas Araghchi said Iran's level of satisfaction with the US was at "zero" level.
That's because when negotiations between Iran and the US took place, the US repeatedly withdrew and suddenly attacked Iran.