Global fuel supply uncertainty has intensified after the Strait of Hormuz shut again, with Richard Marles warning tensions could disrupt energy markets.
The US President has taken an unusually tough stance on Israel’s military campaign in Lebanon, while signalling progress toward a wider deal involving Iran.
Trump should put Iran’s regime to a fundamental choice: It can have an economy. Or the regime can attempt to have a nuclear program while trying to control the Strait of Hormuz. But it can’t have both.
Anthony Albanese has dodged questions about whether he’s sought clarification from the Trump administration about the ongoing criticism over Australia’s role in the Strait of Hormuz.
The US President has criticised Australia for not supplying military support in the Strait of Hormuz, saying: ‘They were not there when we asked them to be.’
The president is struggling with the consequences of his actions, raging in protest of the fact that for all its firepower, the United States cannot bomb Iran into submission.
Jim Chalmers says the government has all hands on deck as it seeks to secure Australia’s fuel supplies amid the global oil crisis arising from the war in the Middle East.