The Sultan of Brunei has assured Anthony Albanese his oil-rich nation is not looking to impose any export restrictions on Australia as both nations share ‘deep concern’ over the Iran war.
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.
King Charles will have a cup of tea and a private meeting with Donald Trump as he attempts to strengthen strained US-UK ties during his four-day American trip.
The International Monetary Fund is urging the Reserve Bank to look through the energy price shock and warns the government against wasteful stimulus measures.