Middle East

Video
Aussies are finding new ways to save on fuel as the crisis continues to widen.

Fuel crisis triggers surprising new trend among drivers

From fuel vouchers to AI-powered price tracking, motorists are changing how they fill up as the fuel crisis bites.

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Share markets are unsure how to react to President Donald Trump’s war claims.

Tragedy or comedy: Traders gripped by cognitive dissonance

Markets excellent at pricing known risks are finding themselves ill-equipped to account for the uncertainty that comes from a war.

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An Iran news agency linked to the hardline Islamic Revolutionary Guard Corps has posted a video of an Australian service station that had run out of fuel.

‘Mad Max’: Iran cruelly trolls Australia over fuel shortage

An Iran news agency linked to the hardline Islamic Revolutionary Guard Corps has posted a video of an Australian service station that had run out of fuel.

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ASX tipped to rise after Donald Trump declares ‘war is won’

ASX jumps after Donald Trump declares ‘war is won’

The S&P/ASX 200 share index rose 1.25 per cent and benchmark crude oil prices eased to $US96 a barrel after the US reportedly sent Iran a 15-point peace plan.

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Officials say the US has sent a 15-point plan to Iran to end the war.

US sends Iran 15-point plan to end war in Middle East

THE NEW YORK TIMES: The US has sent Iran a 15-point plan to end the war in the Middle East.

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Donald Trump says Iran has sent the US a ‘very big’ present.

Trump says Iran sent US ‘very big’ secret ‘present’

President Donald Trump has revealed that Iran sent the US a ‘very big present’ of ‘tremendous’ value. Here is what we know.

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Iran has reportedly lifted some restrictions on vessels passing through the Strait of Hormuz. (EPA PHOTO)

Iran reveals who can now pass through Strait of Hormuz

Some vessels have reportedly been given the green light from Iran to have safe passage through the Strait of Hormuz. Here’s what we know

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Donald Trump signals Iran deal as US boosts military presence.

Trump claims Iran talks underway as tensions escalate

Conflicting signals emerge as the US claims talks with Iran, while tensions across the Gulf remain high.

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President Donald Trump speaks with the media before boarding Air Force One.

Trump hails 'major points of agreement' in Iran talks

There have been United States-Iran talks and a deal could be done soon to settle the war, US President Donald Trump says.

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US President Donald J. Trump.

Trump flags ‘productive’ talks with Iran to end war

Donald Trump has signalled a possible end to the war in the Middle East, revealing that the US had agreed to the “complete and total resolution of hostilities” with Iran.

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The US has warned Iran to lift its blockade of the Strait of Hormuz within 48 hours.

Trump’s 48-hour ultimatum to Iran escalates war tensions

US President Donald Trump has threatened to target Iranian power plants if Tehran does not reopen the Strait of Hormuz, a key global oil shipping route.

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The surge in petrol prices is only expected to continue.

War-driven fuel spike raises inflation fears in Australia

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.

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