Lifts

Woolworths Lifts Farmer Milk Payments by $50 Million as Hormuz Shipping Costs Bite Hard

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Woolworths Lifts Farmer Milk Payments by $50 Million as Hormuz Shipping Costs Bite Hard

The closure of the Strait of Hormuz has sent oil, diesel, and fertiliser costs surging — and Australian farmers are absorbing the hit at the worst possible time. Woolworths has moved to cushion some of that pressure, but the structural challenge for the supply chain runs deeper than a single per-litre milk payment. Woolworths has … Read more

Goldman Lifts Oil Outlook to $95 a Barrel as Global Supply Deficit Hits Record Levels

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Goldman Lifts Oil Outlook to $95 a Barrel as Global Supply Deficit Hits Record Levels

Record inventory draws of up to 12 million barrels per day in a single month would be extraordinary under any circumstances. When Goldman Sachs attaches that figure to April 2026, it reframes the entire supply conversation for energy investors across the Gulf and beyond. The investment bank has raised its fourth-quarter oil price forecasts, now … Read more