AM

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.

Communities in far north Queensland are hunkering down this morning as Tropical Cyclone Narelle bears down on them. 

Israel strikes Iran's largest gas field in the Persian Gulf sends oil prices soaring.

Are we headed for a recession? Australians brace for the impact of the RBA's second rate hike. So, has the Government got its economic settings right? The Shadow Treasurer Tim Wilson speaks to AM.

Fuel prices adding to anxiety ahead of a possible interest rate hike today - the Opposition Leader Angus Taylor says the Government can't just blame conflict in the Middle East.

The US admits the obvious – the Strait of Hormuz is not currently safe - and it wants other nations to help secure it.

Iran's new supreme leader has indicated Iran will continue to block the Strait of Hormuz and keep attacking neighbouring Gulf countries. 

Iran strikes shipping in the Straight of Hormuz as the International Energy Agency agrees to the largest release of emergency oil stocks in history.