Tensions between the United States and Iran could be rising to "the brink of a catastrophic military clash", experts warn, as the US announces plans to send more troops to the Middle East.
Four Northern Territory public service executives are being paid more than $200,000 a year to facilitate a planned gas industry that some experts doubt will ever stack up economically, particularly as terminals for importing gas from "wherever's cheapest" secure approval on the nation's east coast.
Iran summons the British ambassador after London backs the US conclusion that Iran attacked two oil tankers in the Gulf of Oman, while the Saudi Energy Minister stokes tensions, saying the kingdom "is committed to ensuring stability of global oil markets".
Iran accuses the US and its allies of warmongering while the US Defence Secretary says America's focus is on building international consensus, although they are always planning contingencies.
The US military releases a video it says depicts members of Iran's Revolutionary Guard taking an unexploded mine from the side of one of the oil tankers hit by explosions in the Gulf of Oman.
Two oil tankers have been hit in suspected attacks in the Gulf of Oman and the crews have been evacuated, shipping firms and industry sources said, a month after a similar incident in which four tankers in the region were struck.
The worldwide price of oil has fallen by more than $US10 a barrel in recent weeks, but the cheaper price has not fazed a Norwegian company's plan to drill in the Great Australian Bight.
The United Arab Emirates tells United Nations Security Council members that attacks on four tankers off its coast on May 12 bore the hallmarks of a "sophisticated and coordinated operation," most likely by a state actor.
Petrol is especially cheap at some service stations right now because the price of crude oil has just entered a bear market — good news for Australians heading into a long weekend.
In WA's remote Pilbara, projects worth $65 billion are on the cards for Karratha over the next five years. While the construction boom will step up demand for fly-in fly-out workers, the city is making longer-term plans for more permanent residents.