ASIA: Impact of rising oil prices

Updated October 16, 2007 19:37:12

Record oil prices reached in New York last night have flowed through in Asian trade today as tensions in the Middle East continue. Turkey is threatening to attack Kurdish rebels in Iraq, raising fears oil supplies could be disrupted.

Presenter: Karon Snowdon
Speakers: Tobin Gorey, commodities analyst with the Commonwealth Bank; Jeff Trotter, general manager of Fueltrac; Peter Morgan, HSBC's Chief Economist for Asia Pacific