As WA service stations already run dry from the Iran war-induced fuel crisis, industry leaders have warned ‘virtually every business in WA’ will be disrupted.
Caitlyn Rintoul, Jessica Page, Simone Grogan and Kim Macdonald
‘Someone with access to privileged information appears to have made hundreds of millions in profit by trading on a political secret before it became public.’
Yun Li
Business groups are pushing back on advice that encourages employees to work from home, urging them instead to switch to public transport.
Adrian Lowe
The world’s energy watchman has warned the oil and gas crisis prompted by the US-Israel-Iran war is worse than the energy shocks of the 1970s ‘which led the world to recession’.
Caitlyn Rintoul
Whatever happens, high prices will outlive the Iran war.
The clock is ticking on Donald Trump's 48-hour ultimatum for Iran to open the Strait of Hormuz as Tehran threatens to retaliate if the US attacks power plants.
Maayan Lubell and Alexander Cornwell and Idrees Ali
West Aussies are hitting the brakes on Easter getaways, with soaring fuel prices and supply concerns forcing many to rethink travel plans.
Caitlin Vinci
With air fares following fuel prices higher, and Australian petrol suppliers scrambling to replenish falling inventories, the IEA is warning of “more and more severe” impacts on energy markets and economies.
Sean Smith
Canberra is under renewed pressure to raise taxes on LNG producers to ensure a bigger take from surging gas prices and relieve Budget stress.
A light plane that dramatically crashed near to Broome mangroves on Thursday with seven people onboard was engaged by a Singapore oil and gas company.
Simone Grogan
Traders are looking at Dubai’s price as potential harbinger of what could be ahead for other crude benchmarks if the situation doesn’t improve.
Alex Harring
As energy costs spike due to war in the Middle East, the federal government won't rule out hiking taxes on gas company profits.
Andrew Brown
Oil prices have soared above $US115 a barrel after an Iranian air strikes on energy facilities across the Middle East.
Shadia Nasralla
The S&P-ASX200 index has closed at a four-month low after falling 1.7 per cent.
A Qatari complex housing the world’s largest liquefied natural gas export plant suffered “extensive damage” amid a sharp escalation of attacks on energy facilities across the Persian Gulf.
Ruth Liao and Sherif Tarek
Mark Cutifani will likely figure as a leading candidate to succeed Richard Goyder as chair when the Woodside boss steps down.
The competition watchdog has broken with tradition amid widespread claims of price gouging by fuel retailers and revealed an investigation into allegations of anti-competitive conduct by four major players.
Daniel Newell
Transport firms are calling on the State Government to provide clear information on fuel availability — and any potential shortages — amid fears drivers could get stranded hundreds of kilometres from home.
Perth motorists will not have any relief at the bowsers on Thursday, with prices continuing to surge amid the global uncertainty of the US-Iran war.
Brooke Rolfe
Liz Westcott takes over at a time when Woodside’s shares are flying high, fuelled by a global energy crises triggered by the war in the Middle East. But one energy analyst says her promotion is ‘concerning’.
Sean Smith and Aaron Patrick
A mad dash for diesel in WA’s regional towns has left explorers and junior miners with little choice but to watch their on-site supplies dwindle, and reignited warnings that operations may have to be halted.
Oil was little changed after a volatile session in which investors weighed signs of less-tight conditions against rising military threats to energy infrastructure across the Middle East.
Bloomberg
Some of Australia’s biggest fuel retailers, including Ampol, 7-Eleven, and BP, have been hauled into a meeting with the consumer watchdog.
Ria Pandey
Many Australian motorists plan to park an electric or hybrid vehicle in their garage in future but one policy change could alter their path.
Jennifer Dudley-Nicholson
