Washington has helped broker an extended ceasefire between Israel and Hezbollah but President Donald Trump says he won't be rushed into making a deal with Iran.
Iran has fired on three ships and seized two of them as it denies agreeing to President Donald Trump's ceasefire extension and slams a continued US blockade.
Traders will be hoping US President Donald Trump strikes a permanent deal with Iran to keep the Strait of Hormuz open as the clock ticks on a fragile ceasefire.
Iran's foreign minister says the Strait of Hormuz is declared open for all commercial vessels for the remainder of a 10-day truce between Israel and Hezbollah.
The US and Iran feel good about resuming talks to end the Middle East war, but differences remain over Iran's nuclear program.
Australians are considering electric cars as fuel prices rise, with potential buyers fuelled by the possibility of saving money rather than the environment.
Efforts are under way for a second round of US-Iran talks that might resume within days as the showdown in the Strait of Hormuz showdown endures.
The labour market will be top of the economic agenda in the coming week, while speaking engagements from central bank officials will be closely studied.
After smashing sales records in Australia, electric vehicles are expected to be in high demand at the largest motor show in the southern hemisphere.
Former opposition leader Peter Dutton has been appointed to a new role to bolster mining and defence investment in his home state.
US President Donald Trump's fragile ceasefire is teetering as Israel continues it bombardment of Lebanon and Iran continues to blockade the Strait of Hormuz.
A road user charge for electric vehicle drivers could stall record-breaking sales, a study has found, with households in outer suburbs the hardest hit.
US President Donald Trump warns that a "whole civilisation will die tonight" if Iran doesn't capitulate to his deadline, while Tehran shows no sign of budging.
A record number of Australian motorists are buying electric vehicles in a trend automotive experts say could stick around even if fuel prices fall.
Australia will try to secure more fuel supply when Anthony Albanese jets off for talks with his Singaporean counterpart.
Analysts and governments will pore over latest economic data this week for more insight into the devastating impact of soaring fuel prices on the nation.
Regional residents are concerned temporary free public transport to offset fuel prices in one state will make finding a seat harder than ever.
Central bank watchers will get to peak into the Reserve Bank board room as minutes of a meeting that split 5-4 in favour of an interest rate hike are released.
President Donald Trump has delayed a threatened strike on Iran's energy infrastructure until April 6, after Tehran rejected a US ceasefire plan.
Australia's inflation rate will peak higher than previously forecast, as surging oil costs cause consumer prices to increase, a Paris-based policy body says.
Millions of Australian workers are using artificial intelligence tools with only a basic understanding, and could boost their salaries with more training.
Credit-demand figures indicate business conditions have been headed south since before the US-Israeli war on Iran rocked global energy markets.
February consumer price data to be released on Wednesday will shape the Reserve Bank's thinking on interest rates ahead of a crucial meeting in May.
As some country towns face major petrol shortages, pressure is mounting on the federal government to intervene to bring down fuel prices.
Traders and economists widely expect the Reserve Bank to lift interest rates but uncertainty over the Iran war could convince the board to keep them on hold.
Intense air strikes have landed around Iran's capital after
A global energy watchdog has released a record emergency release of crude as it warns the US-Israeli war on Iran is causing the biggest oil shock in history.
Massive fireballs have lit up the sky over the Gulf as Iranian attacks on oil tankers flout President Donald Trump's claim the US has won its war with Tehran.
Service stations could face $100 million fines for intentionally ripping off customers as panic buying places consumers under pressure at the pump.
Home prices are flat-lining in Australia's biggest cities and surging elsewhere as new national data tells a tale of two housing markets.
Capital expenditure has been rising fast in Australia as the treasurer warns stubborn inflation will mean savings are needed in the budget.