Parts of northern Australia are battling record-breaking floods, after heavy rain caused major rivers across Queensland and the Northern Territory to break their banks.
On Friday, the Australian Financial Review reported China had notified oil refiners to halt all exports, casting doubt over at least two cargoes due to be shipped to Australia.
Since the beginning of the conflict, the price of urea, a key source of nitrogen used in agriculture, has surged by about 25%, similarly dramatic to the spike in crude oil prices.
The 18-month investigation, known as Project Bay, uncovered an alleged cross-border trafficking operation that used commercial trucking routes to move massive quantities of cocaine, methamphetamine and opium between the United States and Canada.
