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Albanese says no fuel restrictions in wake of massive Geelong refinery fire

war in Iran. The company said there was no “immediate impact” to fuel supply from the fire, and it expected to replace any lost production through its fuel import program. Energy experts on Thursday warned

Wall Street seems to have decided the recession risk is over. Can the Australian market do the same?

war. “We rely more on fuel imports, and that leaves us vulnerable. “We are a net exporter of energy, which boosts our national income and buoys the budget. But [higher fuel prices are] a bigger

Australians are poorer because of war on the other side of the world – Michele Bullock’s logic is hard to fault

Iran](https://www.theguardian.com/world/us-israel-war-on-iran) means for everyday households, it’s hard to fault. “Australians are poorer because of this shock to oil prices and energy prices and all the other commodity prices that are being

Consumer watchdog zeroes in on Woolworths’ allegedly fake discounts as it meets supermarket giant in court

Australia email](https://www.theguardian.com/email-newsletters?CMP=copyembed&CMP=emailbutton) Led by Robert Yezerski, SC, Woolworths’ legal team is expected to vigorously defend the allegations, with the supermarket saying it “fundamentally disagrees” with the ACCC’s claims

How frustration at Cop stalemates inspires first global talks on phasing out fossil fuels

Australia, and dozens of developing countries, many of them small countries vulnerable to the effects of extreme weather. Major fossil fuel producers attending include Brazil, Mexico, Nigeria, Angola and Canada. --- ## Who is not coming? Many

Coles adds 20c to the price of milk as war in the Middle East pushes up Australian grocery costs

war on Iran. [Sign up for the Breaking News Australia email](https://www.theguardian.com/email-newsletters?CMP=copyembed&CMP=emailbutton) One litre of Coles brand fresh milk has risen from $1.65 to $1.85, with two litres up from

Feeling gloomy about the economy? The ‘vibecession’ has arrived in Australia – but experts are less worried

Australia Bank, said the Iran war had doubled the chance of a recession to 20%. That’s a significant increase, but Spence says “the way I am thinking about it is that we could have

UN tells world to brace for extreme weather as El Nino looms

Australia, Central America, Indonesia and parts of South Asia, and spur hurricane formation in the central and eastern Pacific, according to the WMO. ## Impacts to ‘cross border with devastating speed’ The UN agency predicted this

Guardian Essential poll: Australians want higher tax on gas exports and extension of petrol excise cut

impact of the Iran war bites,” said Peter Lewis, executive director of Essential Media. “This creates real challenges for the treasurer leading into the budget, but there is strong support for measures to review housing

‘One of the dumbest crimes ever’: car-share firms remove fuel cards from Melbourne vehicles after spate of thefts

prices](https://www.theguardian.com/australia-news/2026/apr/16/fuel-prices-tracker-watch-petrol-diesel-australia-shortage-reserves) caused by the US-Israel war on Iran. Car-share companies operate on a subscription system that allows members to book cars for use from half an hour to multiple days

Jim Chalmers is putting a positive spin on the economy, but is the outlook for Australia grim?

Iran in late February. That recent strength accentuates the slowdown in the latest figures. After expanding by 0.9% in the December quarter, real GDP growth faltered to just 0.3% in the three months to March

States should tax windfall oil profits to fund their way out of crisis

impacts, but they are now suffering through increasingly frequent price crises where meals are skipped, jobs are lost, and lights are turned off. This public dip in conditions and cost of living runs parallel

US talks between Lebanon and Israel end – as it happened

Australia, Brazil, Canada, Colombia, Indonesia, Japan, Jordan, Sierra Leone, Switzerland and the United Kingdom remain deeply concerned by the worsening humanitarian situation and displacement crisis in Lebanon,” the countries said in a joint statement issued

Airlines hike fares, cut millions of seats as Iran war drives up fuel costs

Iran in late February, prompting airlines to hike fares, reduce their schedules, or both. In the starkest example of the fallout, US-based budget carrier Spirit Airlines on Saturday announced that it would permanently cease

Deadlock over Iran's nuclear program and the Strait of Hormuz cripples peace efforts

impacted living costs globally. [](https://www.npr.org/2026/04/12/g-s1-117045/hezbollah-commander-lebanon-israel) ### [Middle East conflict](https://www.npr.org/series/1205445976/middle-east-crisis) ### [A Hezbollah

Could this conference be a 'turning point' for the world's use of fossil fuels?

Iran. High oil and gas prices and energy shortages triggered by the recent war have created what the Executive Director of the International Energy Agency, Fatih Birol, has called "[the mother of all energy crises