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The Times Australia - Latest news and current affairs from Australia and around The World.
- 90articles · 30d
- 20+ hour agolatest article
- Aug 16, 2026earliest in window
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- 309avg words
- Economy, Business & Finance 32
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News
Saudi Arabia may have only days to restore its oil escape route — why the pipeline shutdown changes the Hormuz crisis
21+ hour, 34+ min ago (1645+ words) For six months, the world has been learning how to move oil around the Strait of Hormuz. Now it may be discovering the limits of that strategy. Saudi Arabia's enormous East-West oil pipeline — one of the most important alternative routes…...
The safe harbour is disappearing from the Gulf — and that matters for Australia
4+ day, 15+ hour ago (1426+ words) The Strait of Hormuz has traditionally presented shipowners with a brutal but relatively understandable calculation. Enter the Strait and accept the risk. Avoid it and stay away from the most dangerous part of the conflict. That calculation is becoming much…...
The Hormuz conflict enters a more dangerous phase — and Australia will pay for every voyage
4+ day, 19+ 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, 21+ 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, 19+ 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…...
Iran threatens tighter Hormuz restrictions as oil passes US$95 — Australia’s fuel relief moves further away
1+ week, 5+ day ago (1599+ words) Just days ago, there were credible signs that the global oil crisis centred on the Strait of Hormuz might finally be beginning to ease. Mines were being cleared. Negotiations involving Iran and Oman offered the prospect of a temporary navigational…...
Iran retaliates as oil jumps above US$90 — the Hormuz crisis enters another dangerous phase
2+ week, 13+ hour ago (1579+ words) The retaliation threatened by Iran has now occurred. Iran's Islamic Revolutionary Guard Corps says it launched ballistic missiles against the King Hussein and Al Azraq bases used by US forces in Jordan. The attack followed Sunday's US strike against two…...
US strikes Iran at Hormuz as new mine threat puts global oil route back in danger
2+ week, 20+ hour ago (1611+ words) Just when the Strait of Hormuz appeared to be moving slowly towards something resembling recovery, the war has returned directly to its shores. US forces struck two Iranian launchers on Larak Island on Sunday, according to a US official. Larak…...