Economists from major Australian banks anticipate the Reserve Bank of Australia (RBA) will keep interest rates unchanged at its next meeting, despite rising global tensions in the Middle East that have pushed oil prices higher.The decision hinges on upcoming inflation data, with the Australian Bureau of Statistics set to release second-quarter consumer price index figures.RBA Governor Michele Bullock's speech will also provide insights into the central bank's approach to inflation risks.NAB economist Taylor Nugent argues that growth slowdowns in the labor market may prevent further rate hikes, even with elevated oil prices.The Commonwealth Bank highlights deteriorating housing markets and slowing household spending as factors influencing the RBA's stance.While ANZ forecasts trimmed mean inflation at 3.7% year-on-year, the central bank is expected to hold rates through 2026.Global markets reacted to Middle East tensions, with oil prices fluctuating and major indices showing mixed performance.Australian share futures rose following the news.