Australian fuel prices set to rise by 30c as global markets react to ‘deadly cocktail’

NewsJaws News FeedSource-attributed news briefs

Published 11 Sept 2026, 07:00 BST1 min read

File photograph: The Australian flag above Parliament House in Canberra. Marcus Reubenstein / Unsplash. Illustrative context, not a photograph of this reported event.

Save for later

Global oil price at its highest since May while investors dump stocks and bonds after Donald Trump’s $5,000 ‘dividend’ promise Fuel prices are on track to climb a further 20 to 30 cents over coming weeks as the escalating Middle East conflict pushed the global oil price to its highest since mid-May.

As investors dumped stocks and bonds in an increasingly febrile environment, Donald Trump’s promise to give every US adult citizen a $US5,000 “dividend” after the November mid-terms added to alarm around the parlous state of the country’s finances.

Read the original report at The Guardian.

Read in depth: Business

Volkswagen Group headquarters building in Wolfsburg, Germany.

Business

Volkswagen reports €5.8 billion third-quarter loss as Porsche charge and China slump weigh

The German carmaker's July-to-September loss widened sharply from a year earlier, with a large Porsche writedown and falling deliveries in China adding to pressure on its results.

29 Oct 20263 min read

World Bank Group headquarters buildings in Washington, D.C.

Business

World Bank forecasts 23% commodity price rise as energy and shipping shocks mount

The bank projects higher energy, metals and food prices in 2026, with further risks from conflict, disrupted grain shipments and El Niño.

29 Oct 20263 min read

Sources and context

The Guardian

Source headline and summary supplied via NewsData.io. First collected by NewsJaws on 2026-09-11. This is an automated news brief, not original NewsJaws reporting. Dates reflect the source publication. Feed delays may apply.