Radio National Breakfast

As Australians face high petrol prices in the face of extreme oil price volatility, there are concerns the agriculture sector might not have the supplies it needs.

When asked about fuel shortages in the Senate earlier this week, the Foreign Minister Penny Wong warned against panic buying; 'the primary problem is not supply, the primary problem is changes in demand.' 

• GUEST: Hamish McIntyre, President of the National Farmers Federation

Is the escalating conflict in the Middle East the first AI war?

From intelligence gathering to missile targeting and battle damage assessments - artificial intelligence has enhanced operations on the battlefront at unprecedented speed.

But as new details emerge about the alleged US involvement in a missile strike on an elementary school in southern Iran, questions have been raised about why these advances in battlefield technologies have not resulted in lower civilian deaths.

• Guest: Sarah Kreps, Director of the Tech Policy Institute at Cornell University and former US Air Force officer
• Producers: Eddy Diamond, Grace Stranger

After repeated Iranian missile attacks on military bases and civilian infrastructure across the Persian Gulf, several Gulf countries have called for international support to boost the regions defence capabilities.

It's a call Australia has answered, with Prime Minister Anthony Albanese announcing yesterdat that Australia would send a military aircraft and 85 ADF personnel to the United Arab Emirates to assist in the defence of Gulf nations that have been attacked by Iran.

• Guest: Dr. Dania Thafer, Executive Director of the Gulf International Forum 
• Producers: Brooke Young, Grace Stranger

The federal government has confirmed five Iranian football players will remain in Australia after seeking asylum.

Home Affairs Minister, Tony Burke, says he met with the women last night and told them they were "welcome to stay in Australia".

It follows US President Donald Trump confirming on social media overnight that he had spoken to Prime Minister Anthony Albanese about the team, and that he was quote "on it".

Then, the fallout from the war continues, with at least one Australian bank predicting inflation above the RBA's target band if oil price surges don't subside. 

And we also turn to the flooding situation in Katherine and the concern about crocodiles in floodwaters. 

Recap the morning's news, politics and global affairs with the Breakfast Wrap.

Understanding traumatic stress — and how to treat it — has come a long way in the last few decades, in part thanks to the tireless work of Alexander 'Sandy' McFarlane.

An Emeritus Professor of Psychiatry at the University of Adelaide, he's worked closely with bushfire survivors, veterans and emergency workers — and been a key advisor to governments, inquiries and royal commissions.

Guest: Emeritus Professor Alexander 'Sandy' McFarlane

Over the weekend, parts of the Northern Territory were hit by the worst flooding in almost 30 years; forcing evacuations and emergency operations to deliver food into cut-off towns.

River levels in Katherine have begun to ease since the Saturday peak, but the town remains under an emergency flood warning - with hundreds of homes still without power.

And if that wasn't enough, several crocodiles have been spotted washed up in town.

• Guest: Joanna Holden, Mayor of Katherine 
• Producer: Brooke Young

As concerns for fuel shortages deepen, the Shadow Minister for Energy and Emissions Reduction Dan Tehan calls on government to outline where reserve fuel holdings are kept. 

Plus, the Prime Minister announced this morning that Australia has sent E-7A Wedgetail surveillance aircraft to the Gulf to help "protect and defend Australians and other civilians".

The Shadow Minister says providing military assistance to UAE makes Australia active participant in Iran war. 

• GUEST: Dan Tehan, Shadow Minister for Energy and Emissions Reduction

As oil prices soared beyond a hundred dollars a barrel yesterday, as a result of the ongoing conflict in the middle east, G7 finance ministers held a meeting in Brussels this morning.

The French Finance Minister, Roland Lescure, says no decision has yet been made on whether to release G7 strategic oil stocks, adding that 'we're not there yet'.

Meanwhile, the surging energy prices have pushed unleaded petrol to above two-dollars a litre across parts of Australia. 

• GUEST: Chris Bowen, Minister for Energy and Climate Change

The federal government has confirmed five Iranian football players will remain in Australia after seeking asylum.

Home Affairs Minister, Tony Burke, says he met with the women last night and told them they were "welcome to stay in Australia".

It follows US President Donald Trump confirming on social media overnight that he had spoken to Prime Minister Anthony Albanese about the team, and that he was quote "on it".

• GUEST: Dr James Cockayne, NSW Anti-Slavery Commissioner.

90 billion dollars: that was the amount of money wiped from the ASX yesterday, as the Middle East crisis continues to shock markets across the world.

Oil prices have skyrocketed above 100 US dollars a barrel, with the Strait of Hormuz - a critical shipping lane for a fifth of the world's crude oil - in a second week of disruption.

It puts more pressure on already stubbornly high cost of living.

• Guest: Sally Auld, Chief Economist at NAB
• Producer: Tyler Hall