Australian households face prospect of interest rate hike and petrol prices rising above $2 a litre

<p>Economists’ warning comes as escalating Middle East crisis pushes global crude oil back above $US100 a barrel</p><ul><li><p>Get our <a href="https://www.theguardian.com/email-newsletters?CMP=cvau_sfl">breaking news email</a>, <a href="https://app.adjust.com/w4u7jx3">free app</a> or <a href="https://www.theguardian.c