Donald Trump has unleashed in a series of extraordinary social media posts, swearing and threatening Iran’s civilian infrastructure if the Strait of Hormuz isn’t reopened. 

So are we on the edge of a dangerous escalation in this war, that has already wrought havoc on energy markets?

And while time ticks down on Trump’s deadline, buyers seem to be biding their time to purchase property in Australia, with the auction clearance rates continuing to fall.

Carrington Clarke and ABC Business Correspondent David Taylor break it all down on ABC Business Daily.

Got a burning business question?

Send a short voice recording to Carrington and the team at abcbusinessdaily@abc.net.au

ABC Business Daily

ABC Australia

What will markets make of 'Open the f***in' Strait'?

APR 6, 202624 MIN
ABC Business Daily

What will markets make of 'Open the f***in' Strait'?

APR 6, 202624 MIN

Description

<p>Donald Trump has unleashed in a series of extraordinary social media posts, swearing and threatening Iran’s civilian infrastructure if the Strait of Hormuz isn’t reopened. </p><p>So are we on the edge of a dangerous escalation in this war, that has already wrought havoc on energy markets?</p><p>And while time ticks down on Trump’s deadline, buyers seem to be biding their time to purchase property in Australia, with the auction clearance rates continuing to fall.</p><p>Carrington Clarke and ABC Business Correspondent David Taylor break it all down on ABC Business Daily.</p><p>Got a burning business question?</p><p>Send a short voice recording to Carrington and the team at <a href="mailto:[email protected]">[email protected]</a></p>