Oil prices plunge after news Strait of Hormuz to open
Oil prices plunged more than 10 per cent on Friday after Iran declared the Strait of Hormuz would…
Australia joins international forum on reopening strait
World leaders have convened to discuss reopening the Strait of Hormuz amid continuing uncertainty as Iran’s foreign minister…
Albanese joins meeting of leaders to talk about reopening the Strait of Hormuz
Prime Minister Anthony Albanese has joined a virtual meeting of world leaders tonight to discuss how to secure…
Friday fuel filter: Refining the week’s fuel news so you don’t have to
ABC News wants to help you get where you need to go this weekend, so we’ve rounded up…
Donald Trump repeats he is ‘not happy with Australia’ as Strait of Hormuz crisis continues
Donald Trump has again accused Australia of refusing to help the US in the Strait of Hormuz, but…
Critical industry ‘in the firing line’ as new deal highlights Australia’s economic vulnerability
The Albanese government has scrambled to help lock in more urea shipments to Australia. (Source: Getty) A backbone…
PM confirms purchase of 100m litres of diesel in bid to boost supply amid Iran war oil crisis
The prime minister has confirmed that new powers allowing the federal government to underwrite the delivery of additional…
Asia’s energy supply at breaking point as US blockades Hormuz
Washington’s naval blockade of the Strait of Hormuz is threatening to tip Asia into its worst energy crisis…
Albanese government’s frustration rises alongside fuel prices and inflation
Fuel prices and inflation aren’t the only metrics climbing as the Strait of Hormuz remains shut. The Albanese…
Anthony Albanese meets with Sultan of Brunei to shore up fertiliser and fuel supplies
Anthony Albanese has declared Brunei may be able to help Australia weather the economic chaos caused by the…
Stockpiled Iranian Oil Cushions China From U.S. Blockade of Hormuz
China’s teapots can rely on the highest volumes of Iranian crude sitting on tankers since January to blunt…
Virgin to trim domestic flights ahead of fuel cost rising by up to $40m
Virgin Australia will slightly reduce domestic flights in the next few months as it faces a hit from…