Chevron CEO Mike Wirth said in a Sunday interview that “upward pressure” on oil prices amid the U.S. conflict in Iran is “likely to continue," as the war stretches into its second full month. “We're in a period where there's been significant supply taken out of the system, and we are facing this upward pressure...

Beyond cutting back on driving, households are slicing deeper into their budgets, with some even forgoing healthcareFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastAs soon as petrol prices started to rise in response to the Middle East conflict, many Australians – already grappling with high living costs – changed their spending habits.Beyond cutting back on driving, households are slicing deeper into their budgets, with some even