Australia Breaking News

The Reserve Bank of Australia is bracing for an inflationary surge, with internal projections now suggesting the consumer price index will hit 5% by June.

Win Metals (ASX:WIN) announced two strategic gold transactions designed to scale the Radio Gold Project through high-grade acquisitions.

Oil whipsawed after the Wall Street Journal reported President Trump telling aides he's willing to end the military campaign in Iran even if the crucial Strait of Hormuz remains largely closed. Sasha Foss, Energy Analyst at CSC Commodities Marex spoke to Bloomberg's Horizons Middle East and Africa anchor Joumanna Bercetche on the future of oil prices.

Jade Gas (ASX:JGH) raised $1.8 million through a strategic equity placement, marking a pivotal step toward establishing Mongolia’s inaugural commercial gas operation.

Oil fluctuated after the Wall Street Journal reported that US President Donald Trump told aides he's willing to end the military campaign in Iran even if the vital Strait of Hormuz remains largely closed. Earlier crude jumped when Iran attacked a Kuwaiti oil tanker near Dubai. Bloomberg's Stephen Stapczynski reports.

Nine Entertainment (ASX:NEC) completed its 100% acquisition of digital outdoor specialist QMS Media from Quadrant Private Equity.

Australian Critical Minerals (ASX:ACM) commenced its maiden diamond drilling program at the Flint Gold-Silver Project.

Reward Minerals (ASX:RWD) executied a binding letter of intent to acquire a mineral licence adjoining the Mountain Pond Gold Project.

Former US Assistant Secretary of State for South and Central Asian Affairs Nisha Biswal joins Former Permanent Representative of India to the UN Syed Akbaruddin for a panel on how South Asia is affected by the near-closure of the Strait of Hormuz.

Hawk Resources (ASX:HWK) announced the acquisition of a binding option to earn up to an 80% interest in the Meerkat Copper Project.

Australian Prime Minister Anthony Albanese is calling on President Trump to commit to ending the war in Iran. ANU National Security College's Rory Medcalf says Canberra's stance reflects the growing concern among Australians about the economic consequences of the war. Medcalf spoke to "Bloomberg: The Asia Trade."

Iran's attack on a Kuwaiti oil tanker near Dubai is a "critical signal" that Tehran is choosing retaliation over negotiation, BCA Research Chief Geopolitical Strategist Matt Gertken tells Bloomberg's "The China Show." He says it would undermine market confidence in President Donald Trump's ability to secure a diplomatic solution, despite a report that he's willing to end the war even if the Strait of Hormuz remains largely closed.