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Rate rises, helium shortages, EV sales spikes: how is the disruption in Iran’s strait of Hormuz affecting Australia?

The ‘largest supply disruption in history’ due to the US-Israeli war on Iran is affecting prices from plastic to jet fuel to fertiliser

Trump administration reportedly set to be paid $10bn for brokering TikTok deal

Exceptionally rare ‘fee’ to be paid by investors who took control of US operations from Chinese parent company

How the war in Iran and its economic fallout could lead to Trump’s defeat

The war is deeply unpopular, and the spike in oil prices will mean long-term high prices across the board for Americans

Gas prices are soaring – but one Los Angeles gas station is taking it to the extreme

A Chevron station just outside downtown charges more than $8 a gallon – nearly $3 more than the city’s average

Some top US lobbying firms are working both sides of the Pfas issue at the same time

Review from non-profit finds range of scenarios of firms simultaneously lobbying for and against Pfas regulations

‘Everything is going up’: Americans struggle with affordability despite Trump’s claims

US workers are finding it difficult to afford basic necessities as the president claims ‘the economy is roaring back’

‘The sums don’t add up’: UK farmers struggle as Iran war drives up costs

Prices of crucial farming inputs such as fuel and fertiliser skyrocketed just before the spring planting season

Global food supplies could be badly hit if Iran war drags on, says fertiliser boss

Yara’s Svein Tore Holsether says it would be ‘catastrophic’ if the strait of Hormuz was closed for a year

War prompts Europeans to switch holidays away from eastern Mediterranean

Summer holidaymakers opting for ‘more familiar, easy-to-reach locations’ as travel industry counts cost of Middle East conflict

Wealthy British nationals fleeing Gulf conflict bypass UK to avoid tax bills

High-net-worth residents of UAE heading to Ireland and France to wait out missile attacks before tax year ends

‘Shockingly bad’: Nissan Leaf drivers voice anger over app shutdown

Carmaker’s decision to drop NissanConnect EV app on relatively recent cars fuels warnings from experts

NHS and MoD will be urged to buy British tech to drive growth amid Iran crisis

Treasury minister Spencer Livermore trails new strategy as chancellor pins hopes on benefits of AI amid global uncertainty

Judge blocks justice department from subpoenaing Fed chair Jerome Powell

Trump DoJ’s investigation was purportedly about the management of the central bank’s renovation

UK petrol retailers claim ‘inflammatory language’ of ministers led to staff abuse

Trade body attends meeting with Rachel Reeves, hours after saying it was pulling out over suggestions of price gouging

Europe rebukes US for temporarily lifting sanctions on Russian oil

German chancellor says decision is wrong and that pressure on Putin over Ukraine war should be increased

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  • Interest in EVs surges in Europe as fuel prices jump after Iran war
  • GSK reports promising early results in ovarian and womb cancer drug trial
  • Collapse of US-Iran talks heightens fears of prolonged energy shock
  • Remote working tribunal cases in Great Britain fall for first time since Covid
  • Trump’s new budget ignores dying Americans and gives away record sums to the US military
  • Task for the week: limit the fallout from biggest oil shock in decades
  • ‘We’re trapped’: despair for sellers as Iran war knocks confidence in UK housing market
  • Low-tax Texas opens London office to lure jobs and investment
  • ‘Abhorrent’: the inside story of the Polymarket gamblers betting millions on war
  • Record number of homes in Great Britain turn to green energy as fuel prices soar
  • Federal workers struggle to find roles a year after Trump cuts: ‘I’ve applied to over 250 jobs’
  • McDonald’s CEO blames mother’s etiquette training for awkward burger bite in video
  • SUVs are making Britain’s potholes worse, say scientists
  • Calls mount for California governor candidate Eric Swalwell to quit after multiple women accuse him of sexual assault – as it happened
  • California coffee chain faces backlash after pledge to remove Pride flags
  • Crispin Odey drops £79m libel claim against FT over sexual misconduct allegations
  • Fears of UK and EU flight cancellations as airports warn of jet fuel shortages
  • Starbucks’s retail arm gets £13.7m tax credit even as sales increase
  • European airports ‘face jet fuel shortages within three weeks’; Irish army called in over fuel protests – as it happened
  • Anger as swifts’ nesting holes in Derbyshire rail viaduct ‘blocked up’
  • US inflation soars in March as war on Iran drives economy into uncertainty
  • Amazon to finally launch Leo satellite internet in ‘mid-2026’, says CEO
  • Dolce & Gabbana says co-founder Stefano Gabbana has quit as chair
  • US summons bank bosses over cyber risks from Anthropic’s latest AI model
  • Starmer says he is ‘fed up’ with Trump and Putin’s impact on UK energy costs
  • Welcome to Y’all Street: bullish Dallas aims to steal New York’s financial crown
  • Track Australia’s fuel prices, service station outages and shipments in charts
  • The daughters of Dominican immigrants achieved the American dream. They’re bringing sweet chocolate success back to the homeland
  • ‘Mental breakdown’: oil tanker workers stuck in Gulf for six weeks are reaching their limit
  • OpenAI shelves Stargate UK in blow to Britain’s AI ambitions

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