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Oil Prices Plunge Below $95 as US-Iran Ceasefire Sparks Relief

Australia Fuel Prices Today: Petrol Hits New Highs Amid Middle East Tensions And Excise Cut

SYDNEY — Australian motorists faced rising fuel prices on Wednesday as global oil costs climbed due to renewed uncertainty in the Middle East, with average unleaded petrol prices hovering around AUD 1.89 per litre nationally and diesel reaching AUD 2.76 per litre in many areas, despite the government's temporary excise reduction providing some relief at the pump.
Strait of Hormuz Traffic Near Standstill Despite US-Iran Ceasefire: Only

Strait Of Hormuz Tensions Escalate As US Ship Seizure Triggers Iran Retaliation And Oil Spike

DUBAI, United Arab Emirates — The Strait of Hormuz remained in a state of high tension on Wednesday as the United States seized an Iranian-flagged cargo ship attempting to breach its naval blockade, prompting Iran to fire warning shots at passing vessels and reassert control over the critical waterway, driving oil prices sharply higher and leaving global energy markets on edge.
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Google had unusually harsh words for Microsoft, claiming its technology rival was "willing to break the way the open web works" by supporting mandatory payments to media organizations for news content

Alphabet Stock Rises Modestly As Investors Await Q1 Earnings On AI Momentum

NEW YORK — Alphabet Inc. Class C shares edged higher in morning trading Tuesday, climbing 0.26% to $336.28 as Wall Street prepared for the tech giant's first-quarter 2026 earnings report scheduled for April 29, with focus on Google Cloud growth, AI advancements and the impact of massive capital spending plans.