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

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 consequential is happening. Iran is attempting to regulate it. A newly established Iranian body called the Persian Gulf Strait Auth...

The Hormuz crisis is creating winners in Australia — while motorists and businesses pay the price
Bird flu has crossed into an Australian mammal. What happens next?

The blockade is working — and China’s oil problem could become Australia’s fuel problem

For much of the Iran war, the international oil market has demonstrated an extraordinary ability t...

China is taking Russia’s oil from India — and Australia could pay at the fuel pump

The Iran war has produced another unexpected consequence. China needs oil. India needs oil. Rus...

The secret oil corridor through Hormuz — and why it may be keeping Australia’s fuel crisis from becoming much worse
For months, publicly visible shipping data from the Strait of Hormuz has told an alarmin…
Labor and Coalition strike NDIS deal — but the real test comes after Parliament
The Albanese Government has secured Coalition support for one of the most consequential …
The Strait of Hormuz crisis may permanently change how the world moves oil
For decades the Strait of Hormuz has been one of the most important pieces of economic g…
The Iran war is becoming a freight crisis — and Australia imports the consequences
The price of oil has dominated discussion about the economic consequences of the Iran wa…

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 United States resets its tariff wall

A new 12.5 per cent tariff has replaced the temporary levy on many Australian goods, while metals, manufactured produc...

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 …
Australia awaits the RBA — but inte…
Australia is waiting for another Reserve Bank interest-rate decision. But there is an uncomfortable reality behind the intense f…