Australia should brace for war impact to get worse, Treasury warns
The economic risks for Australia from the continuation of the Middle East war are increasing, the Treasury has…
Federal government says Australia’s fuel supply is ‘solid and secure’ as prices climb again
The federal government is moving to reassure motorists about Australia’s fuel supply as petrol prices rise amid renewed…
UK Inflation Set to Jump to 3.3% as Iran War Hits Petrol, Airfares, and Rent
Inflation is expected to jump to 3.3 per cent as the first effects of the war in Iran…
Petrol Prices to Crash as Strait of Hormuz Reopens
The reopening of the Strait of Hormuz following a ceasefire agreement in the Middle East is expected to…
Fuel surcharges across a broad range of industries are adding to consumers’ financial stress
From a loaf of bread to a ridesharing trip, prices on everyday goods and services are starting to…
With oil prices soaring, can Venezuela’s vast supplies fill the gap?
On paper, Venezuela should be an oil-churning powerhouse. It sits atop an estimated 303 billion barrels, which translates…
Reason RBA set to ‘punish’ Aussies as businesses warn of ‘Covid 2.0’ price spiral
Another supply side shock has the RBA backed into a corner. (Source: AAP) Australian motorists and rural residents…
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…