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Australia's Resources Minister flies to Japan to meet with counterparts over fuel supply as new measures announced...
Israel's Prime Minister alludes to imminent plans to kill Iran's new Supreme Leader...
The Matildas bid for World Cup qualification tonight, as they face North Korea in the quarter finals of the Asian Cup...
The Federal government has changed another measure to address the impacts of a fuel supply crisis on regional Australia.
From today the government has reduced the minimum stock obligations for petrol and diesel companies, to allow them to better manage their supply chains.
Energy Minister Chris Bowen says this means companies can now hold 2.2 billion litres of diesel, down from 2.7 billion litres and petrol stocks can be reduced from 1 billion litres to a 700 million litre minimum.
"The minimum stock obligation will be reduced for each company in return for an undertaking from them that they will work within the constraints they have, as cooperatively as they can, to ensure that extra supply flows to the region of shortage."
Resources Minister Madeleine King is heading to Japan to meet with global counterparts over oil supply.
She says that the government is currently boosting market supply by releasing high-sulphur content fuels specifically for regional communities.
Ms King says ships are continuing to arrive at import terminals to maintain standard delivery levels across the country.
"Australia is well stocked with fuel. The 18 ships arrived earlier this year right around the coast to the Import terminals, and I think it's over 30 in transit. And that is the normal means by which we supply fuel right around the country. So that remains the case and we expect it to remain the case."
Israeli Prime Minister Benjamin Netanyahu has issued a veiled threat to kill Iran's new supreme leader Mojtaba Khamenei, as he sought to defend his joint military assault with the U-S against Iran - and Israel's ongoing assault on Hezbollah in Lebanon.
The leader said he was in constant contact with his friend, U-S President Donald Trump over the evolving war, before reiterating his campaign to bring down the Iranian regime.
"I wouldn't issue life insurance policies on any of the leaders of the terrorist organisations. This is their patron of terrorism and I don't intend to provide an exact report here about what we are planning or what we are going to do."
Mr Netanyahu's remarks come as Ayatollah Khamenei called for vengeance against the US and Israel, in a message that was read by a host on Iranian state television.
Israel has previously vowed to kill any new Supreme Leader appointed after the death of his predecessor Ali Khamenei.
The US government is indicating it may lift broad sanctions on Russian oil, after granting India a 30-day waiver that will allow a sale of Russian crude to continue to India for sale.
Russia has been under sanctions since invading Ukraine in 2022 and not agreeing to a ceasefire, which prohibits a number of nations from purchasing its oil.
European leaders, including French President Emmanuel Macron have already warned the US the current oil supply crisis is not justification to allow Russia to profit from the war in the Middle East.
A survey by Canstar consumer group has revealed rising costs of cocoa have seen 70 per cent of Australians buy less chocolate in 2026.
As well as reducing chocolate purchases, the study reveals a number of habits are changing, with just over half of shoppers now choosing to buy chocolate that are on sale and one in five [[23%]] buying reduced price chocolate in bulk.
One in 10 of the 2,000 respondents to the survey reported eating chocolate every day, with one in three saying they keep a constant supply of the treat at home.
When it comes to flavour, milk chocolate was the favourite for around two thirds of consumers with just under a third preferring dark chocolate and just 8 per cent choosing white chocolate as their top pick.
To sport now and in football,
It will be a compromised Matildas side that takes on North Korea tonight in the quarter-final of the Asian Cup.
The team will be missing key players Hayley Raso and Steph Catley at the Perth match, which could see Australia qualify for the World Cup.
There is significant pressure on the Matildas, with the four teams who reach the semi-finals guaranteed qualification for the 2027 World Cup in Brazil.
Player Sam Kerr was optimistic ahead of the game.
"We can have our best performance of the tournament and go through and I think it is a good sign that we haven't peaked too early and I think the best is yet to come."
