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Markets
$99.49 per barrel: Brent crude closes up 1.6% as Iran strikes Jordan base
Oil prices surged to nearly $100 after Iranian Revolutionary Guards attacked US assets in the Gulf and a US base in Jordan, prompting Washington to vow continued pressure on tanker shipments.
Business
Australia's Cheaper Home Batteries Program budget rising to over $7.2 billion amid fraud allegations
Investigators received 95 tip-offs regarding fraudulent solar battery installations, while the program's total cost is estimated to have exceeded initial projections.
Commodities & Energy
Iran imposes $0.07/liter surcharge on excess gasoline buyers amid currency crisis
The Iranian government introduced a 100,000 rial surcharge for consumers exceeding their monthly gasoline quota, aiming to fund households as the national currency collapses.
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Commodities & Energy
Brazil Govt Deducts $662 Million from Subsidies and Cuts Gas Taxes
Business
Brent crude futures breached US$100 a barrel as Middle East tension rises
Deals
Analysts value Dangote Refinery at $62.5 billion ahead of Nigerian listing
Commodities & Energy