Story one of ten today, about five minutes for the lot

File image: Modern oil refinery with distillation towers and processing equipment under clear sky.

✓ PerthNowMoney & Work

Brent crude hits $101 as Middle East shipping attacks rattle Asian markets

Brent crude reached $101.4 a barrel after breaking $100 as Middle East attacks rattle Asian markets.

Why it mattersHigher oil prices typically lift inflation, which affects central bank interest rate decisions and can slow economic growth across major markets including Australia.

AustraliaRising oil prices will likely push up petrol costs for Australian motorists and could influence the Reserve Bank's monetary policy decisions.

✓ Claims checked against the source. checked 28 min ago

Next in today's edition

Tall industrial flare stack emitting dramatic flames and fire against clear blue sky

✓ PerthNowPower & Policy

Houthis strike Saudi oil cities, wounding 73 in expanded war

Yemen's Houthis attacked four southern Saudi cities with drones and missiles, wounding 73 people and igniting oil facilities.

Why it mattersOil supply disruptions from Middle East conflict push global prices higher, affecting fuel and energy costs worldwide.

Scott Bessent. Man in dark suit speaking at white podium with microphone, classical columns and blue signage behind

✓ The Sydney Morning HeraldMoney & Work

Bond market rejects Bessent's $6bn buyback plan

Scott Bessent tripled his buyback offer from $2bn to $6bn, but yields still rose to 4.85%, the highest since 2007.

That is three stories, about two minutes.

A sitting is ten stories, about five minutes, and then you are done for the day.

Read the other seven →

Free, no app needed. Australian news, every claim sourced.

Know someone who should read this?

WhatsApp X Facebook

Prefer an app? It is free.

Get it on Google Play

InSnip turns the day's news into short, source-backed snippets with a plain why it matters line. The signal, not the scroll.

More Money & Work on InSnip →

Today's Daily Brief: ten stories in five minutes →

Open this story in the reader →

Seven more todayFree, about five minutes Read →