By business reporter Jasper Wells with wires In short: (ABC-Australia) Three ships travelling through the contested Strait of Hormuz have been hit, according to British maritime officials, with casualties reported. In this story: https://www.abc.net.au/news/2026-08-19/oil-prices-spike-as-ships-in-strait-of-hormuz-hit/107055414 Share article Three ships passing through the Strait of Hormuz have been attacked in recent days, British maritime officials said. The […]
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Attorney General: Global Crisis, Not Local Gouging, Behind Fuel Hike
By L.N. Reklai KOROR — Attorney General Ernestine K. Rengiil says Palau’s sharp rise in gasoline prices is being driven mainly by the war in Iran and turmoil in global oil markets, and warns that any attempt to prosecute fuel suppliers for price gouging would face significant legal obstacles. Attorney General Ernestine Rengiil In an […]