No extra fuel security measures after refinery inferno
An increase in Australia's fuel security level is not being considered, despite a major fire at an oil refinery disrupting 40 per cent of petrol production.
energy and resource
Resources minister defends gas companies amid tax push
The gas lobby says a new levy on LNG exports will make Australia "uninvestable", arguing comparisons to countries like Norway don't stack up.
Inquiry launched as governments spar over oil project
A state government has launched an inquiry into new environmental laws as it calls for a national interest exemption for an oil exploration project.
US, Iran may resume talks despite port blockade
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.
Unions lobby to unlock fuel cap for workers who drive
Australia's peak union body is calling for fuel allowances for workers to be increased to help them meet rising costs at the bowser.
Rinehart saves Hancock crown jewels, but rivals cash in
Billionaire Gina Rinehart will be forced to pay hundreds of millions of dollars to two rival mining dynasties after a bitter legal feud over iron ore riches.
Iran war could end soon, Trump says, as US blocks ports
President Donald Trump is talking up the chances of the Iran war ending amid revived peace talks, while US forces continue their blockade of Iranian ports.
Brunei pledges to strengthen fuel supply to Australia
Prime Minister Anthony Albanese has wrapped up his visit to Brunei by sealing a deal with the country's sultan for fuel to flow to Australia.
Australia inks fresh fuel supply deal with Singapore
Australia's largest supplier of refined fuel will continue to provide petrol and diesel amid global uncertainty as part of a new agreement.
Shut strait and Lebanon fighting strains US-Iran truce
Iran and the US are set for talks while their truce remains shaky, as Israel and Hezbollah trade fire and Tehran keeps its stranglehold on the Strait of Hormuz.
There’s a problem with making public transport free
Cutting public transport fares is great for people who already catch it but doesn't do much to help those for whom it is too inaccessible or infrequent.
More cost relief on table as Aussies asked to save fuel
The impacts of the energy crisis will likely continue even if a Middle East ceasefire holds, the government warns as it prepares to roll out an ad campaign.
Richest state could fuel up for ‘tough’ times
A cashed-up state government could build its own emergency fuel reserve while still expecting to receive its cut of the national stockpile.
Iran threatens ports as US set to impose blockade
A showdown looms as the US prepares for a blockade of all Iranian ports and Iran warns that no port in the region will be safe if American forces carry it out.
Albanese seeks out fuel supply deal in Singapore visit
The prime minister is hoping an agreement with Australia's largest provider of oil can be reached as the Middle East conflict causes global volatility.
Experts pour water on ‘speculative’ oil field proposal
An energy expert is pointing to logistical and political hurdles to oil drilling in Australia as climate campaigners pour cold water on a proposal.
‘Whole civilisation will die’ if Iran doesn’t make deal
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.
State seeks oil-drilling project in ‘national interest’
A state premier is urging the federal government to fast-track approval to drill for oil in response to the fuel crisis, bypassing environment protection laws.
Trump agrees to ceasefire with Iran that reopens strait
Iran, the US and Israel have reached a two-week truce as President Donald Trump pulls back from his threats and Tehran pauses its blockade of a vital waterway.
Israeli strikes put Iran war truce in further jeopardy
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.
World economy counts cost of war as strait closes again
The economic costs of conflict are greater than severe natural disasters and can leave scars that last for a decade, the world's "financial firefighter" says.
‘Bridges next’: Trump threatens more Iranian targets
President Donald Trump is threatening US attacks on Iranian infrastructure while other nations try to reopen the Strait of Hormuz, as the Mideast war rages on.
US, Iran weigh ceasefire plan as Trump deadline nears
US and Iran have received a ceasefire plan, as President Donald Trump threatens to unleash "hell" if Tehran doesn't make a deal to open the Strait of Hormuz.
US could exit Iran war soon, Trump says – and NATO, too
President Donald Trump has signalled the US may soon wind down the Iran war without a deal, and threatened to ditch NATO for not helping him with the conflict.
Trump extends deadline for striking Iran’s power plants
President Donald Trump has delayed a threatened strike on Iran's energy infrastructure until April 6, after Tehran rejected a US ceasefire plan.
Fuel crisis drives Aussies to rethink how they travel
Australians are adapting to rising fuel prices by changing their transport habits, with some ditching their cars even if it adds hours to their commute.
CBA ups inflation prediction as supply chains strain
Australia is staring down the barrel of inflation above five per cent as a result of the Iran oil supply shock, economists from the Commonwealth Bank warn.
Australia to be ‘overprepared’ for ongoing fuel woes
Australians are being urged to use common sense instead of stockpiling petrol and diesel as the government proposes new powers to secure supplies.
Truck tax cut backed as fuel-rationing threat looms
Business groups have urged the government to cut the road-user charge for trucks, but not the fuel excise for all motorists.
Embattled motorists win bowser relief as taxes slashed
The government has moved to cut taxes on petrol and diesel, as the Middle East war sends global oil prices through the roof.
Trump ‘no problem’ with Russian oil tanker in Cuba
Donald Trump appears to have relaxed a de facto US oil blockade on Cuba as a Russian tanker full of crude oil enters the Caribbean island's waters.