Inflation, war, increases Budget pressure – ABC News
Inflation, war, increases Budget pressure ABC NewsRate rise should push PM to make tough choices in May budget The AustralianRecession…
Will Australia’s petrol supply run out?
SARAH FERGUSON, PRESENTER: Chris Bowen, welcome to 7.30. CHRIS BOWEN, ENERGY MINISTER: Great pleasure, Sarah. SARAH FERGUSON: So today…
War in the Middle East live updates: Trump says NATO ‘ought to help’ in strait, Dubai temporarily suspends flights after drone attack
1h agoMon 16 Mar 2026 at 3:09amWhat’s the latest? If you’re just joining us, let’s get you up…
Fuel rationing a chance in Australia if war continues to trim global oil supplies, experts say
If widespread fuel rationing is introduced in Australia, will motorists and businesses be ready? It’s a question experts…
Ominous oil bargain facing Australia as fuel supplies dry up: ‘Highly vulnerable’
What will happen to Australia’s source of fuel if the Strait of Hormuz doesn’t open up soon? (Source:…
Trump threatens to hit Iran’s Kharg Island oil network if shipping lanes remain blocked
US President Donald Trump has threatened to strike the oil infrastructure of Iran’s Kharg Island hub unless Tehran…
Oil crisis three times as bad as 1979 Iranian revolution shock, AMP’s chief economist Shane Oliver predicts
The current oil crisis is three times as bad as the 1979 oil crisis and can cause further…
How supply shocks threaten American crops
Farmers are warning President Donald Trump that the closure of the Strait of Hormuz could send fertilizer prices…
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…
Australia releases six days’ worth of petrol and five of diesel from emergency stockpile
Australia will make available about six days’ worth of petrol from its emergency stockpile and five days of…
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…
Central Banks Scramble as War Drives Up Inflation Expectations
Energy shocks rarely remain confined to energy markets. They propagate through bond markets, fiscal balances and inflation expectations,…