Albanese: Iran War 'Winding Down', Fuel Crisis Looms

0:00What's up, Battalade? This is Adelaide News today, bringing you the city's fastest updates on what is happening now. Australian Prime Minister Anthony Alvanez came close to declaring mission accomplished on the U.S. strike against Iran during a radio interview. This. Week. He said the key goal of stopping Iran's nuclear weapons program has been met, and he can see the conflict winding down now. But the war shows no signs of ending, with fresh attacks damaging Australian facilities and Iran ordering evacuations from gas fields. Cheat drones from Iran are keeping the fighting going, while President Trump has criticized Australia for not joining more aggressively. Australians are feeling the pinch hard, with fuel prices spiking and shortages sparking panic, buying its stations. People are stocking up on Jerry Kans, drawing pandemic error memories, even as the government calls it, unAustralian, and appoints a fuel coordinator too. Manage supplies. Workers are arriving, and reserves are being released to ease the crisis, but there's

1:00no clear plan if imports fully stop. Officials say rationing isn't on the table yet, though high oil prices could push inflation over 5% and hike interest rates. Treasure Jim Chalmers is now crafting a tough May budget, shaped by the Middle East War, promising hard choices like trimming the 50%. Capital gains tax discount that mostly benefits top earners. He compares it to past crises, warning oil prices might stay high until late this year, or even longer. A quick thank you to our sponsor of today's episode. A pillow that plays your sound quietly, comfortably, effortlessly, built for nighttime listening, S-O-L-I-S-O-L-Pillow dot com.