The Times Australia - Latest news and current affairs from Australia and around The World.

Iran’s trade has fallen 35% — America’s economic siege is beginning to show

For months the Iran war has been measured in missiles, tankers and oil prices. Now Iran’s own president has supplied another measure: foreign trade has fallen by almost 35 per cent. With inflation at 66 per cent and oi...

Hormuz recovery falters — tanker traffic plunges as hopes of a quick reopening fade
Hormuz has weakened OPEC — China is becoming the world’s oil-market swing power

Is fuel-price relief finally coming to Australia?

Oil falls below US$90 and Hormuz is demined There has been a significant change in the global oi...

Trump promised an economic onslaught against Iran

The United States promised another major escalation in its economic war against Iran. Oil traders...

Iran creates its own Hormuz authority — who now controls the world’s most important oil route?
The Strait of Hormuz is no longer simply open or closed. Something potentially more con…
The Hormuz crisis is creating winners in Australia — while motorists and businesses pay the price
Australia has so far managed to maintain its supplies of imported refined fuel despite t…
Bird flu has crossed into an Australian mammal. What happens next?
g H5N1 has now been confirmed in an Australian mammal. Where did bird flu come from, how …
Iran threatens the escape routes around Hormuz — and the world’s oil safety valve is now at risk
For months, the international energy industry has been solving an enormous problem. If …

The DIY Deck Mistake Costing Australians Thousands

In a country where one in three homes faces termite risk, and most households live within reach of coastal humidity, Aus...

When governments have to insure the tankers: Hormuz enters a new phase

Saudi Arabia is considering state-backed war-risk insurance to keep ships moving through an increasingly dangerous Mid...

Where Australia stands as the Unite…
A new 12.5 per cent tariff has replaced the temporary levy on many Australian goods, while metals, manufactured products and pha…
Starlink’s $650 surprise: Australia…
Starlink has transformed internet access for many Australians, particularly people living in regional and remote areas where con…
The diesel price has broken away fr…
For most motorists, the relationship between oil and fuel seems straightforward. Oil becomes expensive. Diesel and petrol beco…
RBA holds interest rates — but Aust…
The Reserve Bank has left the cash rate at 4.35 per cent, giving borrowers and businesses a reprieve from another increase. But …