Follow along as we bring you the latest live news updates from Australia and beyond.

Markets face more uncertainty after wave of strikes on Iran over the weekend and Tehran closed the Strait of Hormuz to shipping.

ASX futures climb before Trump threatens Iran with more strikes; Iran closes Hormuz; Brent closes at $US76 a barrel on Friday; $A at US69.84c. Follow live.

As traffic through the Strait of Hormuz once again slows to a trickle, supply chain expert David Leaney outlines how it will affect Australia.

US President says ships will be charged fee for passage, as warring parties continue to trade strikes; Counter-terror police take over investigation into death of former UK…

The Australian sharemarket has retreated at the open while oil prices surged after the United States and Iran escalated their grapple for control over the Strait of Hormuz.

Follow along as we bring you the latest live news updates from Australia and beyond.

Follow along as we bring you the latest live news updates from Australia and beyond.

Oil prices soar more than 9 per cent as the US president threatens to blockade the Strait of Hormuz. Follow the day's events and insights as they happen with our business…

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