More details about the daring rescue of a US pilot downed over Iran as Donald Trump again threatens Tehran's energy plants in an expletive ridden social media post.

Anthony Albanese's rare address to the nation - ahead of rolling out a billion dollar plan to help business ride out the chaos.

Donald Trump tells his allies to 'go get your own oil' - lashing out at them for not helping to open the Strait of Hormuz.

President Trump threatens to 'obliterate' Iran's energy facilities unless Tehran agrees to a peace deal.

National Cabinet convenes to discuss solutions to the fuel crisis but is rationing inevitable?

Severe Tropical Cyclone Narelle threatens towns and cities along Western Australia's north and Mid-West.

An elite US paratroop regiment expected to be deployed against Iran as Israel announces plans to occupy southern Lebanon. 

Tehran denies claims of peace talks after President Trump backs down on an ultimatum to bomb Iran's power plants if it doesn't open the Strait of Hormuz.

Iran vows revenge for strikes on its energy grid as the clock ticks on Donald Trump's deadline to open the Straight of Hormuz. 

In a landslide result, Labor has claimed a second term in South Australia - even increasing its majority in the state.