Iran said the world should be ready for oil at $200 a barrel as its forces hit merchant ships and the International Energy Agency recommended a massive release of strategic reserves.
Images of animals will feature on the next series of bank notes from the Bank of England, as the central bank shifts away from historical figures such as William Shakespeare, Winston Churchill and...
Fuel is running low in regional parts of Australia and farmers say shoppers could be in for a rude shock at the checkout as the war in the Middle East continues to have a global impact.
Donald Trump predicted the war in the Middle East could be over soon, even as Iran's hardliners staged a show of loyalty to new Supreme Leader Mojtaba Khamenei in a sign that it was not prepared to back down any time soon.
Ayatollah Ali Khamenei's son Mojtaba was chosen by Iran's Assembly of Experts to succeed his late father as supreme leader, in a sign that hardliners were still firmly in charge.
Iran has named Mojtaba Khamenei to succeed his father Ali Khamenei as Supreme Leader, signalling that hardliners remain firmly in charge in Tehran a week into its conflict with the US and Israel.
President Donald Trump said he has told Kurdish forces not to enter the Iran war as the United States and Israel continue launching strikes against Tehran.
India said it allowed an Iranian naval vessel to dock in its port, days before a frigate from the Persian Gulf nation was sunk by a United States submarine.
Tehran said it will ‘set ablaze’ any ship that attempts to cross the Strait of Hormuz — and that may send household energy prices soaring, Robin Pagnamenta, of The...