Only service station in NSW town of Batlow runs out of fuel amid surging prices
The only petrol station in a small New South Wales town has run out of fuel amid ongoing…
Middle East War Revives Push for Domestic Energy
The Middle East war and the mother of all oil shocks—the de facto closure of the Strait of…
Fuel panic is spreading and now Australia is tapping into its emergency fuel supplies
Around the world, drivers are flocking to petrol stations over fears fuel prices will skyrocket or shortages will…
North Sea Drilling Won’t Protect Europe from Global Price Shocks
When tensions around the Strait of Hormuz began rattling energy markets again, the reaction was entirely predictable. Tanker…
Australia warned of food shortages ‘within weeks’ as fuel reserves run low, Albanese govt refuses to rule out supply running dry
Australia’s limited fuel reserves could cause food shortages within weeks due to the Middle East conflict, as the…
Oil price breaks the $US100 per barrel mark as oil tankers are hit in the Strait of Hormuz
The oil markets are once again in a state of anxiety about future global supplies. At the open…
Fuel standards relaxed to add 100 million litres of fuel to Australian supply
Australian fuel standards will be eased for the next two months, bringing on an additional 100 million litres…
Anonymous gamblers betting on Iran strikes make millions on Polymarket
Anonymous gamblers have made millions betting on the events of the Middle East war, prompting US politicians to…
Spain’s renewables revolution likely to keep energy bills low even as gas prices soar
The Iran war has plunged the world into an overnight energy crisis. The closure of the Hormuz Strait…
Economists scramble to change their interest rate forecasts after RBA speaks
A number of leading economists are forecasting the Reserve Bank will hike interest rates next week, which will…
Why Iran is targeting UAE more than other Gulf states in war with US and Israel
Within hours of the war breaking out in the Middle East, the gleaming skylines that define cities across…
Why financial markets have thrown logic to the wind
Up the stairs and down the elevator. For decades, that’s been the rule of thumb when it comes…