Middle East crisis live: Hegseth to address media after Trump threatens to ‘blow up’ entire South Pars gasfield

2026-03-19 - 11:59

US president says Israel will not launch another attack on the giant gasfield shared by Iran and Qatar, but promises to destroy it if Tehran retaliates The war cost the US $12.7bn by day six. Here’s how it’s been spent – in charts Turning to Australia now, a petrol tsar will manage “unprecedented” supply issues caused by the Middle East conflict as the finishing touches are put on measures to address dire shortages in many regional areas. Prime minister Anthony Albanese convened a snap virtual meeting of the national cabinet on Thursday to discuss major price shocks and shortages driven by the US-Israel war on Iran. My government will be announcing more measures to prepare the nation for supply chain challenges over coming days and weeks. Our fuel supply is currently secure. However, I want us to be over-prepared. Continue reading...