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Australia and Singapore will ‘make maximum efforts to meet each other’s energy security needs’ in refined fuels and LNG, according to new agreementGet our breaking news email, free app or daily news podcastAustralia’s largest petrol source has pledged …
How much fuel does Australia have left today, and when could we run out? Track how much petrol and diesel prices have risen near you in Sydney, Melbourne and across the country.Get our breaking news email, free app or daily news podcastHundreds of serv…
Seafarer tells of ‘impossible’ situation, with strait still so unsafe that crew would not cross even if told to sailMaritime and port workers: how is the Middle East conflict affecting you?‘You can try to minimise the impact that this situation has on …
How much fuel does Australia have left today, and when could we run out? Check how much petrol and diesel prices have risen near you in Sydney, Melbourne and across the country since the US and Israel’s war on Iran began in late FebruaryGet our breakin…
Uncertainty over US-Iran ceasefire pushes price of Brent crude towards $100 a barrelBusiness live – latest updatesMiddle East crisis – live updatesThe boss of Abu Dhabi’s state-owned oil company has said the strait of Hormuz is “not open” despite the U…
Situation still volatile as Tehran and Washington issue conflicting messages about opening of Hormuz channelA plunge in the oil price, stock market rally and renewed hopes for the global economic outlook. After the announcement of a two-week ceasefire …
Analysts say doubts over stability of the ceasefire and damage to production sites mean the energy crisis is far from overMiddle East crisis – live updatesIf the US-Israeli ceasefire with Iran holds, it could offer the clearest hope of an end to the en…
Airline projected a $2bn increase in fuel costs this quarter amid volatility in oil markets sparked by the warThe CEO of Delta Air Lines, Ed Bastian, braced customers for higher fares following the surge in oil prices sparked by the US-Israel war on Ir…
Earnings at renewable energy division expected to soar to between $200m and $700m in first quarterBusiness live – latest updatesShell is expected to report “significantly higher” profits from its trading desks in the first quarter of this year after we…
Oil heads for biggest daily fall since pandemic as Iran says it will reopen strait of Hormuz under its managementMiddle East crisis – live updatesUS and Iran agree to provisional ceasefire as Tehran says it will reopen strait of HormuzOil prices tumble…