Oil
- Opinion
- Political leadership
Albanese’s caution is fuelling unease. This may be his COVID moment
The PM is right when he says the fuel crisis is being created by circumstances he can’t control. But he will be judged on how he and his government responds.
- James Massola
Latest
- Exclusive
- Middle East at war
Bowen’s big stick spurs largest intervention since World War II to secure fuel for bush
As Bowen forces suppliers to ship fuel to regions, the NRMA urges him to “Go hard, minister. Do whatever you have to do.”
- Mike Foley and Paul Sakkal
Qantas steps up flights to Europe as travellers scramble for options amid Iran war
The airline taps into strong demand for tickets after the war in the Middle East has led to thousands of flight cancellations by airlines using the Persian Gulf as a transit hub.
- Chris Zappone
- Updated
- Middle East at war
Iran rejects ceasefire plan as more US troops head to the Middle East
On another day of mixed signals from the US president, analysts are far from convinced that a peace deal between the US and Iran is achievable.
- Michael Koziol
- Exclusive
- Middle East at war
Emergency measures on the table as PM calls fuel crisis national cabinet
Talks are under way inside the federal government about bringing the states together to create a consistent message on light-touch ways to save fuel.
- Paul Sakkal and Mike Foley
- Updated
- Inflation
Inflation on track to rise past 5 per cent by June with businesses to go bust in record numbers
Inflation was starting to stabilise before the outbreak of the war in Iran, and Treasurer Jim Chalmers says the end of the conflict cannot come soon enough for the economy.
- Shane Wright
- Opinion
- Trump's White House
Trump just paid $1.3b for nothing
The Trump administration did something that, even by its standards, was unusual.
- Stephen Bartholomeusz
Australia’s emergency plan starts with carpooling, escalates to fuel caps
Environment Minister Murray Watt on Wednesday dismissed the prospect of a cap at $40, as that figure was used as a hypothetical example seven years ago.
- Brittany Busch
The $830 million bet on oil minutes before Trump sent markets tumbling
A one-minute flurry of oil trades that occurred before a pivotal Donald Trump social media post has raised eyebrows.
- Amanda Cooper
Fuel supply heads for cliff at end of April as petrol prices in Australia hit record highs
Asian fuel refineries are running down their inventories, raising unanswerable questions about Australia’s fuel security.
- Mike Foley and Nick Toscano