JD Vance to lead US delegation in Pakistan if Iran agrees to talks

Original article by Dan Sabbagh, Hannah Ellis-Petersen
The Guardian – Page: Online : 21-Apr-26

The ceasefire in the Persian Gulf had been expected to end on Tuesday night, US time; however, US President Donald Trump has stated that it will now end 24 hours later, although he said a further extension is "highly unlikely". Trump also said that he will not be rushed into making a "bad deal", and the Strait of Hormuz will remain closed until an agreement is reached. Vice-President JD Vance is expected to head the US diplomatic team that will hold a second round of peace talks in Pakistan, although it remains uncertain as to whether Iran will participate. Iran has yet to confirm that it will send a delegation to Islamabad, although sources have indicated that regional mediators have been informed that it will do so. Meanwhile, Trump has stated that Israel Israel had not persuaded him to attack Iran.

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UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT

Australian fuel supplies in the crosshairs

Original article by Patrick Commins
The Australian – Page: 18 : 9-Jan-20

Elizabeth Buchanan from the Department of Defence’s Australian War College says the oil price would be the "first casualty" if the US were to retaliate after Iran’s missile strikes on its bases in Iraq. She says Iran would be likely to use oil as a weapon against the US and its allies, warning that the latter are likely to be hardest hit as the US is now largely oil self-sufficient. Buchanan warns that Australia is particularly vulnerable given that most of its liquid fuel is imported and the nation has no emergency fuel stocks.

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AUSTRALIA. DEPT OF DEFENCE. AUSTRALIAN WAR COLLEGE, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIA. DEPT OF THE ENVIRONMENT AND ENERGY, INTERNATIONAL ENERGY AGENCY

Investors ride out Iran’s missile attacks

Original article by David Rogers
The Australian – Page: 13 & 18 : 9-Jan-20

The price of Brent crude oil has peaked at a four-month high in response to Iran’s missile attacks, while the spot gold price reached an 11-year high. The Australian dollar fell to a three-week low, but the local sharemarket closed only slightly down after clawing back initial losses. Kyle Rodda of IG Markets has downplayed the prospect of a US-Iran war, noting that this would not be in the strategic interests of either country. AMP Capital’s Shane Oliver warns that geopolitical risk will remain an issue in 2020.

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IG MARKETS LIMITED, AMP CAPITAL INVESTORS LIMITED, UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT