David Littleproud has resigned as leader of the National Party, saying at a press conference that he was "buggered" and "tired".

The federal government says the offer of asylum remains open to the rest of the Iranian women's soccer team, after five were granted humanitarian visas.

Australia will send a military aircraft and dozens of personnel to the Middle East to assist in the defence of Gulf nations from attacks by Iran.

The Australian share market has rebounded so far today and economists say it's in response to reports that US president Donald Trump thinks the war in the Middle East is almost over.

There's also hope that G7 nations will release some of their strategic oil reserves.

Australian stocks like others around the world plunged yesterday due to a spike in the oil price.

But the Iranian regime says Trumps comments about the war being over soon are 'nonsense'.

Meanwhile the peak body for petrol stations in Australia says there's no shortage of fuel here, despite global disruptions caused by the war in the Middle East.

A spike in sales has left wholesalers struggling to meet demand.

The federal government's urging people not to buy more than they need, and shipments of fuel to Australia remain steady.

The Greens say the federal government's joined "an illegal war of choice" with the US, over its decision to send military assets and personnel to the Middle East.

An Australian surveillance aircraft and defence personnel will be deployed to help defend Gulf states from Iranian missile and drone attacks.

The Coalition on the most part is backing the move.

The federal government's also offered asylum to Iranian soccer players in Australia who face persecution for not singing during the national anthem before one of their Asian Cup matches. 

Australian shares, like those in the US, have rebounded after a horror day of trading yesterday off and that come of the back of concerns the war in the Middle East would drag on and cause deep economic pain across the world.

Today US President Donald Trump's been insisting in the a press conference the war will be over very soon and America is running ahead of schedule as it along with Israel bombards Iran.

The Australian Government's decision to send military support to Persian Gulf States is being backed on the most part by the opposition.

But Liberal frontbencher Andrew Hastie, who's an Afghanistan war veteran, has been reluctant to offer support for the government's announcement that it's sending military personell, a high-tech surveillance plane and missiles to help the countries defend themselves from Iranian attacks.

He says he'd like a briefing on what's going on and he's worried about the impact on small businesses that rely on cheap access to fuel.

The Greens are against the military deployment and have been vocal in their opposition to the war.

Activists and leaders in the Australian soccer community say the sport's international governing bodies need to do a better job of protecting players in danger from oppressive regimes.

It comes after the Australian Government allowed five members of the Iranian women's team to stay here because they faced retribution for not singing during the national anthem before one of the Asian Cup games. 

US President Donald Trump has given his latest update on the war in Iran saying it'll be over very soon and is way ahead of schedule, as global traders try to make sense of his daily predictions.

The Australian share market is expected to recover after huge losses yesterday over concerns the war could drag on for a long time.

Oil prices have dropped after they skyrocketed causing global shocks and fears in Australia of an inflation spike.

Donald Trump says he's thinking of taking over the Straight of Hormuz, given Iranian attacks have closed down the key shipping route for gas and oil.

Australia's sending one of its most sophisticated military surveillance planes, along with medium range missiles to the Middle East to help Persian Gulf states being attacked by Iran.

The government's also deploying dozens of military personell but it insists there'll be no boots on the ground in Iran.

The Australian soccer community is expressing relief the federal government's granted five players from the Iranian women's team humanitarian visas.

There were concerns for their safety, after they refused to sing the national anthem at their first game in the Asian Cup on the Gold Coast.

The federal government says they've been moved to a safe location by the Australian Federal Police and the offer of asylum remains open to other members of the team who are facing going back to Iran.

Five Iranian soccer players will remain in Australia after seeking asylum.

They were about to return home to Iran, after playing in the Asian Cup here, but they faced persecution for not singing the national anthem before one of their matches.

Their plight gained a lot of attention and even prompted US President Donald Trump to call the prime minister overnight raising concerns about their safety.

Australia will provide military assistance to Persian Gulf states impacted by Iranian missile and drone attacks.

Prime Minister Anthony Albanese has confirmed the Australian Defence Force will deploy an E-7A Wedgetail aircraft to the United Arab Emirates.

It's one of Australia's most sophisticated military surveillance planes.

Dozens of military personell will also be deployed to the region but the government insists troops will not be put on the ground in Iran.

In other developments relating to the conflict in the Middle East, Donald Trump says the war against Iran "is very complete" and the US military is "very far ahead" of his initial four to five week estimated time frame.

But across the globe a huge spike in the oil price has countries scrambling to enact emergency measures to deal with spiralling prices.

The French president says France along with its allies are planning to escort ships through a key passage in the Middle East, to protect them from Iranian strikes. 

The home affairs minister has confirmed five Iranian soccer players can stay in Australia after they sought asylum.

This means they don't have to return back to Iran and face possible persecution for not singing the national anthem during one of their Asian Cup matches.

Fears have been growing they would be targeted by the regime after Iran's state TV labelled them 'traitors'.

Federal police were able to safely remove the players from their Gold Coast accommodation to another location, so they could escape their handlers.

The government says the opportunity's there for the remaining members of the squad to also seek refuge in Australia.

There's another development relating to the conflict in the Middle East, one of Australia's most sophisticated military surveillance planes will be deployed to the region after a request from the United Arab Emirates.

Prime Minister Anthony Albanese says the aircraft, along with Australian Defence Force personnel, will go for an initial four weeks.

The PM says Australia will also provide advanced medium-range missiles to UAE but he's made it clear the government will not be deploying Australian troops on the ground in Iran.

It comes after a request from the United Arab Emirates, which has been hit with a barrage of missile and drone attacks by Iran.

And weather forecasters are warning Bundaberg residents major flooding is possible on the scale of the 2010 floods which saw hundreds of people evacuated from their homes.

A tropical low's been drenching already soaked catchments in large parts of Queensland.

US President Donald Trump's has spoken to Prime Minister Anthony Albanese about the fate of the Iranian women's soccer team after first chastising the PM on social media.

Initially he said the women were being forced to leave Australia when they could be punished back in Iran.

But in a later update he said the prime minister was 'on it' and had taken care of five of the players.

The ABC understands five players managed to get away from their handlers and are now being protected by police in Queensland.

The players didn't sing the national anthem after one of their games and were labelled traitors on Iranian state TV.

Meanwhile the ongoing war in the Middle East is causing big shocks around the world due to the rising oil price and some countries are telling government workers to stay home to reduce demand for fuel.

The French president even wants to launch a mission to send warships to the Middle East, in a bid to escort fuel tankers out of the Persian Gulf.

Queensland's Wide Bay-Burnett is potentially facing the worst flooding in more than 15 years.

Several Queensland regions have been gripped by flooding after days of consistent rain.

The weather bureau is closely watching the Burnett River and major flooding's possible in Bundaberg.

Evacuation centres have been set up in some towns.

US president Donald Trump says he's spoken to Australian Prime Minister Anthony Albanese about the fate of Iran's women's soccer team, adding the PM's taken care of five players, while the rest have gone back home because they're worried about the safety of their families.

The ABC understands five Iranian players had sought asylum after the side's Asian Cup campaign wrapped up on Sunday night.  

They evaded their handlers and are now safe with police.

Fears had been growing they would be targeted by the Iranian regime on their return, after they were labelled "traitors" on state TV.

The war in the Middle East is causing big ripples around the world due to a massive spike in the oil price.

The International Energy Agency has called on G7 nations to tap into emergency oil reserves.

In Australia, farmers are stockpiling fuel because wholesalers are rationing it and it could have a big impact on the price of food.  

A dam supplying 85 per cent of Darwin's water has been forced to halt operations due to damage during flash flooding.

Residents in the NT capital are being urged to limit their water usage by shortening showers and turning off irrigation and taps.

Meanwhile in Queensland, Bundaberg residents are bracing for major flooding, and there's still a large scale flood watch warning in place for most of the state.

Two Australian men who murdered a Melbourne father in Bali last year have been jailed by an Indonesian court.

They told the court they killed Zivan Radmanovic after mistaking him for another man they had been sent to intimidate.

The 32-year-old victim was staying at tourist accommodation as part of birthday celebrations for his wife.

US police are investigating whether two men who brought improvised explosive devices to a protest outside New York City’s mayoral residence were inspired by ISIS.

The devices, which did not explode, were hurled during counter-protests near Gracie Mansion during a “Stop the Islamic Takeover of New York City” event, led by far-right activist Jake Lang.