Category : Economy


Australia's Fuel Security Assured for Two Months

Prime Minister Anthony Albanese confirms Australia's fuel supplies are secure for at least two months, with sufficient jet fuel for Easter travel, though longer-term concerns persist due to Middle East tensions.

Fuel Panic-Buying in Australia Driven by Price Fears

An economist reveals that Australia's current petrol station panic-buying is motivated by price increases, not supply concerns like during COVID-19, amid Middle East conflict and new government penalties.

Reeves Must Strengthen UK Economy Amid War-Driven Slump

The OECD reports the UK faces the largest growth hit among G20 economies due to the Iran conflict, with inflation and interest rates rising. Chancellor Rachel Reeves is under pressure to refine fiscal strategy to prevent a severe recession.

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