Oil Falls and Stocks Rise After a Day of Drastic Swings 10. March 2026 (09:27) The price of oil had spiked to nearly $120 a barrel on Monday, drawing remarks by President Trump that he believed the war on Iran was “very complete.”(New York Times)
‘Vicious cycle’: panic buying is biggest risk to Australia’s petrol supplies, experts say 10. March 2026 (09:03) Government and motoring groups say there is no shortage of fuel supplies but stockpiling has left country service stations running dry, as Iran war sparks oil price fearsFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastRegional service stations are struggling to replenish fuel supplies left empty by panic buying that has seen demand double and even triple in areas like the Barossa and Mildura amid an escalating Middle East conflict.As a leading motoring group warned of a “vicious cycle” of motorists stockpiling petrol, Chris Bowen, the energy minister, stood up in parliament to urge Australians to remain calm, insisting the nation did not have a shortage of fuel supplies. Continue reading...(The Guardian)
Sudanese students say UK visa ban has dashed hopes of studying at top universities 10. March 2026 (09:00) More than 200 applicants fear they will lose places after home secretary suspends study visas from four countriesSudanese scientists who have been promised research posts at leading UK universities have spoken of their “shock” and “sadness” that their hopes have been dashed after Shabana Mahmood’s decision to end study visas for people from their country.More than 200 Sudanese postgraduates and undergraduates fear they will no longer be permitted to take up places at 46 universities, including Oxford, Cambridge and Imperial College London, with some claiming that their lives have been torn apart by the home secretary’s “blunt” intervention. Continue reading...(The Guardian)
Financier Crispin Odey takes FCA to court over exclusion from City 10. March 2026 (09:00) Regulator fined the multimillionaire £1.8m and banned him from the financial services industry last yearCrispin Odey, the multimillionaire financier fighting various lawsuits relating to allegations of sexual misconduct, is to launch a case against the financial services regulator over his exile from the City.The Financial Conduct Authority (FCA) fined Odey £1.8m and banned him from the financial services industry last year. Continue reading...(The Guardian)
Qantas hikes international air fares citing volatile oil prices from war in Middle East 10. March 2026 (08:50) Airline reports spike in ticket sales to Europe in March, as passengers with carriers affected by flight chaos rebookGet our breaking news email, free app or daily news podcastQantas has announced it is increasing the price of its international air fares amid oil price volatility caused by the war in the Middle East, while the airline also reported higher-than-normal ticket sales for flights to Europe.While the company hedges against change in jet fuel prices, it was not fully covered for the spike seen in the wake of surging oil prices, a spokesperson said on Tuesday. Continue reading...(The Guardian)