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The Times Australia - Latest news and current affairs from Australia and around The World.
- 90articles · 30d
- 19+ hour agolatest article
- Aug 16, 2026earliest in window
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- 309avg words
- Economy, Business & Finance 32
- Finance & Business 19
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- Conflict, War & Peace 11
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News
The Hormuz conflict enters a more dangerous phase — and Australia will pay for every voyage
4+ day, 18+ hour ago (1593+ words) The conflict around Iran and the Strait of Hormuz has entered a more dangerous phase, with the United States attacking Iranian oil tankers and Iran claiming a large retaliatory assault against commercial shipping. This is no longer principally a contest…...
The oil war is escaping Hormuz — and that changes the risk for Australia
5+ day, 20+ hour ago (1540+ words) For decades, the Strait of Hormuz has been treated as the great vulnerability of the world's oil trade. It is narrow. It sits beside Iran. Enormous quantities of oil and gas normally pass through it. And any serious interruption can…...
Iran war squeezes the world’s oil escape routes — what happens to Australia if Hormuz and the Red Sea are both threatened?
6+ day, 20+ hour ago (1619+ words) For six months, the world's energy industry has been trying to solve one enormous problem. How do you move Middle Eastern oil when the Strait of Hormuz cannot be relied upon? Saudi Arabia has an obvious answer. Move more oil…...
The mine does not have to explode: how Iran turned uncertainty into a weapon at Hormuz
1+ week, 18+ hour ago (1673+ words) For months, American divers, special forces and unmanned vessels have been clearing mines from the Strait of Hormuz. Their extraordinary operation reveals something easily misunderstood about mine warfare: a mine does not have to destroy a ship to accomplish its…...
America takes the oil war directly to Iran’s tanker fleet
1+ week, 1+ day ago (1624+ words) The United States has struck three Iranian crude-oil tankers after Iran’s Revolutionary Guards launched ballistic missiles towards two American warships. The operation marks a significant change in the war. America is no longer attacking only Iran’s military installations, missile launchers…...
Hormuz exposed America’s depleted oil buffer — now Washington is turning to Venezuela
2+ week, 19+ hour ago (1633+ words) The United States has responded to six months of global energy upheaval with a decision that would have seemed extraordinary only a few years ago. It is turning to Venezuela. President Donald Trump says oil obtained through America's newly announced…...
Iran’s blacklist is working — oil companies are now avoiding the ships
2+ week, 4+ day ago (1624+ words) Iran threatened 45 tankers with fines, detention and cargo confiscation for allegedly breaking its Strait of Hormuz rules. Major oil buyers are now changing their behaviour. That matters because a rule does not need international acceptance to influence global trade if…...
The mines are gone and Iran is talking — is Hormuz finally beginning to reopen?
2+ week, 5+ day ago (1597+ words) For months, almost every significant development surrounding the Strait of Hormuz has made the situation worse. Ships have been attacked. Tankers have stayed away. Oil and LNG movements have been disrupted. Insurance costs have soared. The United States has imposed…...
Trump promised an economic onslaught against Iran
2+ week, 6+ day ago (1609+ words) The United States promised another major escalation in its economic war against Iran. Oil traders prepared for the consequences. Brent crude dropped more than US$2 a barrel on Monday, settling at US$92.17, down 2.35 per cent. West Texas Intermediate fell by…...
Iran opens Hormuz for Iraqi oil — but a new oil order may be emerging in the Gulf
3+ week, 1+ day ago (1596+ words) The Strait of Hormuz is opening. But not in the way the world has been waiting for. Iran has granted permission for a number of Iraqi oil tankers to pass through the strategically critical waterway following negotiations between Baghdad and…...