Iran threatens retaliation as US blockade continues

Iran threatens to expand control over Gulf and Red Sea waterways as the US naval blockade on Iranian ports enters its third day, with the White House reporting no vessels have passed through in 48 hours. A massive fire engulfs the Viva Energy oil refinery near Geelong, one of only two working refineries in Australia that provides 10% of the nation's fuel supply. The Australian government announces a $53 billion defence investment over the next decade, while the Supreme Court rules on the decades-long legal battle between Gina Rinehart's Hancock Prospecting and the Wright family over WA iron ore royalties.

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