Geelong Refinery Fire Exposes Australia’s Fuel Fragility
A fire that tore through the gasoline-making section of one of Australia’s last two oil refineries has been extinguished after more than 13 hours, but the blaze has exposed just…
A Fragile Opening Between Israel and Lebanon
A Rare Diplomatic Opening Emerges Between Israel and Lebanon Israel and Lebanon are preparing for another round of direct talks after a first high-level meeting in Washington this week, an…
Markets Rise on Hopes for a Pause in Iran Conflict
Markets Climb as Investors Bet Iran Conflict May Be Nearing a Pause Global stock markets pushed higher on renewed hopes that the war involving Iran may be approaching a negotiated…
After Orbán, Hungary Reorients Westward
Washington and Kyiv Adjust to a New Hungary The first clear outlines of Hungary’s post-Orbán foreign policy came into view on Monday, as Washington and Kyiv signaled that they were…
Iran War Sends Shock Waves Beyond Oil
From Handbags to Treasury Bonds, the Iran War Is Rippling Across Markets The war involving Iran is beginning to leave fingerprints far beyond the oil market, surfacing in places as…
From Strait Crisis to Global Economic Shock
From chokepoint to economic shock What began as a military and diplomatic crisis in the Middle East is now showing up more plainly in the global economy: in India’s energy…
U.S. Blockade in the Gulf Broadens Into a Global Diplomatic Clash
A U.S. blockade in the Gulf becomes a wider diplomatic struggle The American naval blockade of shipping to and from Iranian ports has quickly grown beyond a military pressure campaign…
Markets Rise on Hopes Diplomacy Can Contain Iran Crisis
Markets Climb as Investors Bet Diplomacy Can Outrun Escalation Global markets rallied on Tuesday as investors looked past a formal American escalation against Iran and instead seized on a narrower,…
Southport Inquiry Finds Killings Were Preventable
Inquiry Finds Southport Killings Could Have Been Prevented A public inquiry into the mass killing of three young girls at a dance class in Southport concluded on Monday that the…
Trump and Pope Leo Clash Over Iran War
A Remarkable Breach Between Washington and the Vatican President Trump on Sunday opened an extraordinary new front in the political battle over the war with Iran, attacking Pope Leo XIV…