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$200 a barrel: The oil contracts that show how fuel crisis could worsen

Asian refineries that provide the bulk of Australia’s petrol and diesel are paying up to $US140 a barrel for readily available crude oil cargoes – well above prices of around $US100 for months-ahead deliveries – in a sign of what experts warn is a worsening supply crunch gripping the market.

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What will it take for the PM to speak up against Trump? – podcast

Earlier this month, as the United States and Israel’s war on Iran raged, the prime minister frustrated many when he reiterated his support for the US- Australian alliance. And he did so again days later when he responded to Donald Trump’s threat to wipe out the entire Iranian civilisation by calling it inappropriate.

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Jeepster’s out of juice

We’re wondering if Andrew Cohen of Glebe would ever consider a switch from the law to political advertising, having sampled his latest missive: “Sadly, T. Rex rocker, the ‘Electric Warrior’ Marc Bolan, who famously sang Life’s a Gas, isn’t here any more to tell Albo how to Get it On.”

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