The world, in perspective.

Global oil prices have hit their highest level since May on fears of a resumption of fighting between the US and Iran in the Middle East.

The price of a typical home in a handful of tree-change towns has risen more than 20 per cent in a year.

Melbourne’s property prices are falling, but some tree-change towns have risen by double digits in the past year.

The rate is up for review next week and is expected to increase, probably by 25 basis points.

The 30-year, fixed-rate mortgage dropped slightly to 7.32 percent as prospective home buyers continue to struggle with affordability. But home prices are starting to drop in some areas.

Iran is going to grow more desperate as oil money dries up, which makes the country even more dangerous.

The Mumbai-headquartered oil-marketing company’s gross refining margin stood at $32.15 for every barrel during the reported quarter.

Sen. Elizabeth Warren is urging the U.S. Department of Agriculture to reverse cuts to the food-stamp program as consumers shoulder $22 billion in additional food costs.

<p>Iran’s IRGC says it hit four vessels in the northern Gulf and three more struck mines near the strait of Hormuz</p><ul><li><p><a href="https://www.theguardian.com/business/2026/mar/04/maritime-and-port-workers-how-is-the-middle-east-conflict-affecting-you">Shipping workers: how is the Middle East conflict affecting you?</a></p></li></ul><p>Oil prices jump

Without central planning or public resources, people in developing countries are pursuing an ad hoc energy transition.

A typical head of iceberg lettuce from Malaysia is now about 50 per cent smaller than usual, says a wholesaler.

The average selling price of a mobile phone in Singapore has risen nearly 12 per cent since 2023, reaching S$1,000 this year, data shows.

<p>House prices in Sydney are at a two-year low after falling 4.7% in the September quarter to $1.66m, according to Domain report</p><ul><li><p>Get our <a href="https://www.theguardian.com/email-newsletters?CMP=cvau_sfl">breaking news email</a>, <a href="https://app.adjust.com/w4u7jx3">free app</a> or <a href="https://www.theguardian.com/australia-news/serie

Moscow dispatches its inaugural diesel shipment to the US, aiming to ease fuel shortages as midterm elections loom.

Microsoft has revealed how much it will charge people for using the Xbox Cloud Gaming service without a Game Pass membership. Right now, this is available only to Xbox Insiders, but that's a free program that anyone can join . Also notable is that the prices below are described as "introductory launch pricing," and that wording suggests the prices may change

The Queensland capital has been the strongest housing market in Australia for years, but stretched affordability and rate rises took a toll.

Melbourne’s median house prices is expected to be in the high $900,000s by the end of the year as rate hikes take their toll.

U.S. Energy Secretary Chris Wright said the administration was "committed to doing everything in our power to lower energy costs."

He asks officials to monitor the prices of rice, red gram, onions, edible oil and sugar to ensure the burden of rising prices does not fall on consumers, and explore the possibility of making fine-quality rice available at a subsidy at rythu bazaars during festivals

A bureaucratic blunder has left tobacco companies wondering whether their products are legal to sell

After Perth house prices rose 82 per cent in five years, the bubble has officially burst, with the city recording the biggest drop in history.

President Trump downplayed economic issues at a rally in North Carolina. In Ohio, Republican gubernatorial candidate Vivek Ramaswamy released a highly criticized attack ad against his Democratic rival Amy Acton. CBS News' Weijia Jiang has more.

President Trump said Iran was trying to drive up oil prices before the midterms by lying about ships hitting mines or being struck by projectiles in the Strait of Hormuz.

For only the second time ever, house prices have fallen across all Australian capital cities, falling by 4.7 per cent last quarter, the steepest drop on record.

The comments come as investors scrutinize the debt, borrowing costs and economics of companies building AI infrastructure.

UK inflation rose in September, pushed up by higher petrol and diesel prices.

House prices have fallen across every Australian capital city for the first time in 15 years and had their steepest quarterly fall on record.

Oil prices rebounded from the previous session’s losses as traders weighed renewed threats to shipping through the Hormuz Strait and attacks targeting Saudi Arabia against a recovery in Middle East oil exports.

Iran's Revolutionary Guards said Tuesday that naval mines had prevented three tankers attempting to pass through the Strait of Hormuz.

Today on Trending Middle East , the UK is sending Typhoon fighter jets to Saudi Arabia to help defend its cities and vital infrastructure against Houthi attacks. The aircraft will be used to intercept aerial threats and will not carry out strikes against the Houthis in Yemen. Meanwhile, food and fuel prices have more than doubled in Yemen’s besieged city of

Overall, gross emissions fell by 550,000 tonnes and were now lower than they were during the first Covid lockdown.

President Trump is claiming Ukrainian President Zelenskyy has the power to end the country's war with Russia as Americans feel the impact of rising fuel prices with midterms just a few weeks away. CBS News' Charlie D'Agata and Natalie Brand report.

Thailand faces growing pressure from soaring global energy prices, with spot liquefied natural gas (LNG) rates nearing US$30 per million British thermal units (mmBtu), raising concerns about the ability of households and businesses to cope with rising living costs.

Save $100 on the new Essential or $200 on the original, and give your holiday drinks a place of their own.

United Airlines cut its profit outlook for the year as fuel prices continued to climb.

The prices of food and fuel have doubled in the city of Taiz as it struggles under a Houthi siege, the UN warned on Tuesday, as it urged the Yemeni rebels to let supplies enter. The fuel crunch is affecting hospitals and putting patients' lives in danger, while many families in Taiz are struggling to obtain water, said Laurent Bukera, a UN humanitarian offic

A shift in rate differentials could weigh on the appeal of Indonesia’s currency and bonds, while volatile oil prices are the main downside risk to the country’s economy.

Shipments increased 1.5% from the month before, marking a sixth rise in factory trade in the last seven months after a 0.3% dip in July.