Thank you for reading our live coverage of the war in the Middle East.
You can follow along to tomorrow’s live coverage of the US-Iran war here.
Here’s a recap of the latest developments.
- Shipping remains at a standstill in the crucial Strait of Hormuz as Iran continues to enforce its blockade. Two tankers were forced by Iranian military forces to turn back on Sunday.
- The US has seized control of an Iranian container ship, President Donald Trump says, after it tried to evade the American naval blockade of the Strait of Hormuz. Trump said the US Navy ship “stopped them right in their tracks by blowing a hole in the engine room”.
- Australian big business has been ordered to pay the transport industry more to compensate them for the rising price of fuel, following a ruling in the Fair Work Commission.
- Iran has said it is open to further talks with the US, but has not confirmed it will participate in a second round of negotiations in Pakistan beginning on Tuesday. A spokesman later poured cold water on the prospect of more talks.
- Viva Energy says its Geelong oil refinery could return to more than 90 per cent of its maximum output within weeks following last week’s fire, raising hopes of the return of a more stable supply of domestic fuel.
- Speaking ahead of the federal budget, Treasurer Jim Chalmers told media that he expects inflation, economic growth and unemployment to worsen.