Drivers face petrol price hike as Shell suspends Red Sea shipments

Oil prices have fallen after they spiked in the wake of Israel's retaliatory attack on Iran last week. Caroline Bain, chief commodities economist at Capital Economics, said: "Given that there will be...

In a broad commodities update, Ms Bain said she expects iron ore to be at $US100 a tonne at the end of the June quarter, $US99 at the end of the September quarter and $US100 at the end of 2024. “Given...

Caroline Bain, chief commodities economist at Capital Economics, discusses the outlook for cocoa prices.