# Commonwealth Bank

Type: Company (CBA)

Source: Climate Intelligence Brief — https://getclimatebrief.com/entity/commonwealth-bank
Canonical HTML page: https://getclimatebrief.com/entity/commonwealth-bank

## Timeline

- **2026-06-24**: ABS releases May inflation figures — The Australian Bureau of Statistics is expected to report that headline inflation edged down to 4.1% while underlying trimmed mean ticked up to 3.5%, reflecting diverging price trends.
- **2026-06-19**: Tentative truce allows Hormuz transits to increase — Cargo ships begin transiting the Strait of Hormuz in greater numbers following a fragile truce, though supply recovery is expected to take many months.
- **2026-05**: Oil prices trend lower despite Strait closure — Even with the Strait of Hormuz effectively shut amid Middle East conflict, crude oil benchmarks fall to multi-month lows, complicating the inflation outlook.
- **2026-04-30**: Home-brand milk prices increase — ANZ economists note home-brand milk prices rose in very late April, signalling early pass-through of energy and fertiliser cost pressures to perishable food.

## Recent coverage (1 stories)

### Oil Prices Plunge to March Lows Despite Hormuz Closure, Fuel Drops 12.3%
2026-07-12 03:28:12 · Sentiment: Neutral · Impact: 6/10 · Sources: 5

Energy markets are sending mixed signals: oil prices have fallen to March lows even as the Strait of Hormuz closure disrupted supply, with a tentative truce now allowing more transits. The 12.3% monthly fuel price drop will cool headline inflation but the lagged energy shock continues to push up food and transport costs, highlighting the complex energy transition backdrop.
Full story: https://getclimatebrief.com/story/energy-oil-prices-hormuz-truce-inflation

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