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.
Shipping in the crucial Strait of Hormuz, the only sea passage from the oil-rich Persian Gulf to the open ocean, has come to a virtual standstill, sparking a global oil price rise of about 10%.
The Courts Council disputes that characterisation, describing the Melbourne Press Club/Monash University report as selective and not reflective of broader court-media engagement.
“About the relationship between Australia and India, the governments are working very hard. For what Australia is doing for the Indian community there, I’d like to say thanks on behalf of them,”