{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/631a89913c2be9001415dc41/69a5e4fec6f68bd5899bfc0c?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"How long will the fury last?","description":"<p><strong>Tuesday 3rd March 2026</strong></p><p><br></p><p><a href=\"https://www.nab.com.au/content/dam/nabrwd/documents/notice/corporate/nab-research-disclaimer.pdf\" rel=\"noopener noreferrer\" target=\"_blank\">NAB Markets Research Disclaimer</a>&nbsp;</p><p><a href=\"https://www.nab.com.au/financial-services-guide?S_KWCID=SEACT\" rel=\"noopener noreferrer\" target=\"_blank\">Financial Services Guide | Information on our services -</a>&nbsp;<a href=\"https://www.nab.com.au/financial-services-guide?S_KWCID=SEACT\" rel=\"noopener noreferrer\" target=\"_blank\">NAB</a></p><p><br></p><p>Phil and NAB’s Rodrigo Catril discuss the market turmoil following Operation Epic Fury, which has sent oil and gas prices soaring, with European gas prices surging more than 50% following a drone attack on Qatari production facilities. So, is this a short-term spike or a long-term inflationary threat? A massive \"about-turn\" in bond markets suggests a longer story, hence a shift in central bank rate-cut expectations. With President Trump facing low domestic approval for the move, the key question remains: will this conflict be resolved in weeks, or are we settling into a period of prolonged stagflation?</p>","author_name":"Phil Dobbie"}