Australians could face higher prices beyond the petrol bowser as farmers warn fuel disruptions amid Middle East tensions could hit supermarket shelves.
Iran’s top national security official says Tehran will not surrender and vowed to hold President Donald Trump responsible for killing Ayatollah Ali Khamenei.
As oil shipments stagnate while shipping lanes are closed in the Middle East, petrol prices are surging, raising the possibility of a hike in inflation.
Israel has warned Lebanon it needs to rein in Iran-backed Hezbollah as it pounded the group’s strongholds with air strikes and mounted a deadly airborne raid.