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Trump’s Bold Declaration: US Forces Poised to Complete Mission in Iran

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In his first prime-time address since initiating military action with Israel over a month ago, the President provided an update on the conflict in Iran.

WASHINGTON — On Wednesday night, President Donald Trump spoke to the nation, delivering his inaugural prime-time address since the joint military strikes with Israel began more than a month ago, offering insights into the ongoing conflict in Iran.

Trump utilized the speech to reach a broad audience, aiming to clarify the war’s objectives amidst weeks of shifting goals and mixed signals about whether the U.S. military presence in the region would be scaled back or intensified. This comes as Iran continues its offensives against Israel and neighboring Gulf countries, while airstrikes target Tehran.

“Over the past four weeks, our armed forces have achieved swift, decisive, overwhelming victories on the battlefield,” Trump declared.

The address comes at a time of escalating oil prices, unpredictable financial markets, and polls indicating that many Americans believe the U.S. military engagement in Iran is excessive. Despite this sentiment, additional American troops are being deployed to the region, potentially gearing up for a ground offensive. Trump’s decision not to give a speech when the initial attacks were launched raises questions about the timing and effectiveness of his message now.

A White House official, who was not authorized to speak publicly ahead of the address and spoke on condition of anonymity, said the president will talk about U.S. progress on achieving his goals in Iran and will reiterate his estimated timeline for concluding operations within two to three weeks.

Just before Trump began speaking, the United Arab Emirates warned the public about a missile threat from Iran. A series of blasts could then be heard in Dubai as air defenses worked to intercept the Iranian barrage.

Trump on Wednesday claimed Iran’s president wanted a ceasefire ahead of his speech to the American people. Trump made the claim on his Truth Social website. Iran’s Foreign Ministry spokesperson said Trump’s remarks were “false and baseless.”

The president has said one of his primary goals of the war was to stop Iran from getting a nuclear weapon, and he told Reuters on Wednesday that has been achieved, though it isn’t clear how.

Iran’s stockpile of enriched uranium that could potentially be used to build nuclear weapons is believed to be buried under the rubble of a mountain facility that was hit during strikes last June — and that hasn’t changed since the war with Iran began this year. Trump has said the United States would move to take the uranium if it reaches a deal with Iran.

But he said Wednesday that the uranium is “so far underground, I don’t care about that.”

“We’ll always be watching it by satellite,” he said.

Trump also said Iran is now “incapable” of developing a nuclear weapon.

The conflict has intensified in recent days, with the U.S. and Israel launching new strikes on Tehran. Iran has responded with fewer missiles but continues deploying low-flying drones that are harder to intercept. More than 3,000 people have been killed in the region, and millions have been displaced in Lebanon and Iran.

The war is also impacting Americans at home. Gas prices rose above $4 per gallon earlier this week for the first time since 2022, with analysts warning higher fuel costs could drive up prices for goods and travel.

Since the conflict began, 13 U.S. service members have been killed and 348 wounded, including six seriously, according to U.S. Central Command.

Copyright 2025 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.     

From Golden Child to Black Sheep: Embracing a Happier Life Transformation

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Siblings often serve as our initial companions and occasional competitors, becoming the people we share our longest relationships with throughout our lives. Insight delves into how these bonds influence our identities, perceptions, and outlooks on the world. Discover more in the Siblings episode on SBS On Demand.

Tragic End in Florida: Vice Mayor’s Death Linked to Domestic Violence Incident, Husband Arrested

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A prominent city official from South Florida was discovered deceased in her residence on Wednesday, with her spouse detained by law enforcement, according to officials.

Police officers located Nancy Metayer Bowen, the Vice Mayor of Coral Springs, around 10 a.m. on Wednesday following an inquiry into her “well-being,” as reported by Police Chief Brad Mock to the South Florida Sun Sentinel.

Chief Mock withheld detailed information concerning the specifics of Bowen’s demise, indicating the situation is being treated as a “domestic violence incident.” Her husband, Stephen Bowen, has been taken into police custody, Chief Mock confirmed.

INTRUDERS TARGET REAL HOUSEWIVES STAR’S HOME BUT FLEE AFTER TRIGGERING ALARM AND CRASHING THEIR VEHICLE: POLICE

Nancy Metayer Bowen

Nancy Metayer Bowen, the Vice Mayor of Coral Springs, was found dead in her home on Wednesday, authorities have announced. (Getty Images)

The chief said there were no other suspects being sought. 

Bowen was first elected to the Coral Springs City Commission in 2020 and re-elected in 2024. She was appointed by the commission last November to serve a second, one-year term as Vice Mayor, according to her bio on the city’s website. 

Before being elected to the commission, Bowen worked as an environmental scientist who formerly served on the Broward County Soil and Water Conservation District, the South Florida Sun Sentinel newspaper reported. 

Bowen’s family confirmed her death on her social media accounts. 

“Throughout her years in public office, she led with integrity, compassion, and an unwavering sense of purpose,” the family’s statement said. “She believed in bringing people together, listening to those she served, and working tirelessly to create positive change in her community. To us, she was a source of strength, wisdom, and love — someone who always put others before herself.”

Nancy Metayer Bowen

Nancy Metayer Bowen (left), then-director of the Florida Caribbean Vote and Sandy Dorsainvil, Director Route 1804, gets ready before the departure of a caravan led by Haitian organizers to show support for the Kamala Harris campaign in Aug. 10, 2024. (Getty Images)

“While many knew her as a leader and advocate, we knew her as a sister, a daughter, and a friend whose warmth and laughter filled every room. Her legacy will live on not only in the policies she helped shape, but in the countless lives she touched.”

The Coral Springs government Facebook page paid tribute to Bowen, calling her “leadership grounded in compassion, strength, and an unwavering commitment to others.”

“Her impact on Coral Springs is immeasurable, and her loss leaves a void in our hearts. We ask our community to keep her family, loved ones, and all who are grieving in your thoughts and prayers. In this difficult time, we stand together as one city. We will carry her light, even in this darkness.”

U.S. Rep. Maxwell Alejandro Frost, D-Fla., said he was saddened to hear of Bowen’s death, remembering her as a “tireless advocate, a dedicated progressive leader, and a powerful voice for her community.”

Coral Springs city commission

Coral Springs Vice Mayor Nancy Metayer Bowen seated at a recent City Commission meeting. 

Florida Democratic Party Chair, Nikki Fried, said she spoke with Bowen a few days ago.

“I held her in a hug at our Party’s Leadership Summit, never imagining it would be one of our last moments together,” Fried said in a statement. “Nancy was my friend and a friend to everyone who has ever believed that democracy was worth fighting for. The world is less bright without her in it.”

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Man in ‘Here to Crash the Party’ Shirt Fatally Shoots Cashier Over $25 Dispute: Authorities Report

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Inset: The suspect accused of killing a Plaid Pantry cashier in Oregon, identified by police as Michale J. Paine (Portland Police). Background: The Portland Plaid Pantry location where Paine allegedly killed the cashier (Google Maps).

A 21-year-old Oregon resident faces serious charges after allegedly shooting a convenience store clerk during a nighttime robbery. The suspect reportedly confessed to police, remarking that the crime “was not worth $25” and admitting he had made a grave mistake.

Authorities have identified the suspect as Michale J. Paine, who is now charged with first-degree murder, first-degree robbery, and unlawful use of a weapon in connection with the death of 57-year-old Ernesto Castellanos.

According to a series of statements from the Portland Police Bureau, the incident unfolded just before midnight on March 27. Officers responded to a call about an “unconscious person” at a Plaid Pantry store located in Portland’s Cully neighborhood. Upon arrival, they discovered Castellanos had been fatally shot.

The medical examiner confirmed the death as a homicide.

In the aftermath, police released surveillance images of the suspect, labeling him as armed and dangerous while seeking public assistance in identifying him. By Monday evening, Paine surrendered to authorities.

Paine called 911 “saying he wanted to turn himself in” and was taken into custody by officers. During the ride, he began speaking “unprompted” about the killing, local NBC affiliate KGW reported, citing a probable cause affidavit.

“Have you ever f—ed up in your life so bad, you don’t know what to do after?” Paine reportedly told police. “He only had $25 in the till.”

Investigators say surveillance footage captured the moments leading up to the shooting, showing the suspect walking around the store, getting a drink, and waiting at the counter before opening fire on Castellanos. The suspect was wearing a distinctive black hoodie featuring the face of Michael Myers from the “Halloween” movie series and the words “Here to crash the party!”

From the affidavit:

We viewed additional video surveillance of the incident which included the suspect … entering the store, walking toward the east wall, touching the screen to the lid dispenser, touching and leaving behind extra lids on the counter and floor, getting a beverage at the self-service beverage area, waiting at the checkout counter, drinking from the Plaid Pantry cup, leaving the Plaid Pantry cup on the counter, shooting the victim two times, walking behind the checkout counter, touching the cash register screen and drawer, touching the coin machine lever, kicking the victim, touching the victim near the right shoulder, and then leaving the store.

The victim was shot once in the chest and once in the neck, either of which would have been fatal, according to the medical examiner.

Paine allegedly told detectives he went to the store intending to rob it. When Castellanos “did not appear to believe that he was actually going to rob him,” Paine responded by shooting him and getting the money from the register himself.

The defendant allegedly admitted that “what he did was not worth $25,” later adding that his actions “should not be worth anything.”

Investigators were able to identify Paine in part through evidence left behind in the store, including fingerprints on a cup, and later recovered a firearm and clothing linked to the shooting, local Fox affiliate KPTV reported.

Multnomah County District Attorney Nathan Vasquez described the killing as “a sickening, brutal act,” emphasizing that the victim did nothing to prompt the attack.

“Ernesto was an innocent, hardworking guy. He was gunned down and killed in his place of business, just doing what we want in our community; people doing their job every day,” Vasquez said in a Monday afternoon statement to local ABC affiliate KATU. “I can tell you this is a sickening, brutal act and we are determined to get justice for Ernesto.”

Paine made his first court appearance Tuesday, and a judge ordered him held without bond. He is currently scheduled to return to court on April 8.

Homeowners on Edge: Discover the 5 Must-Know Seller Strongholds Revealed on Latest Market Map

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Panic is rippling through the housing market following the release of a striking new map, which shows that only five metropolitan areas across the United States still favor sellers.

Currently, there are 46.3 percent more sellers than buyers nationwide. This is the largest gap ever recorded, indicating a substantial shift towards a buyer’s market.

This imbalance has already begun to grant buyers more leverage in most cities, compelling sellers to reduce prices, offer concessions, or even remove their listings from the market entirely.

A buyer’s market occurs when the number of homes for sale surpasses the number of interested buyers. In such a scenario, buyers are empowered to negotiate lower prices, request concessions, and take their time to find the ideal property.

Conversely, in a seller’s market, the scarcity of homes combined with fierce competition drives prices above asking, leaving buyers with limited bargaining power.

The last time conditions were this favorable to buyers was during the 2008 housing crash, when demand collapsed and inventory flooded the market. 

Now, while the causes are different, the effect is similar: too many homes, not enough buyers – and growing pressure on prices. 

On a local level, the imbalance is even starker. Just five metro areas remain seller’s markets – all of which are located in the Midwest and East. 

Nationwide there are 46.3 percent more sellers than buyers - placing the country as a whole firmly in buyer's market territory (pictured: suburbs in Fort Lauderdale)

Nationwide there are 46.3 percent more sellers than buyers – placing the country as a whole firmly in buyer’s market territory (pictured: suburbs in Fort Lauderdale)

Buyers have the upper hand in most cities, which is forcing sellers to cut prices, accept concessions or pull listings altogether (pictured: modern building of Miami beach - which is a buyer's market)

Buyers have the upper hand in most cities, which is forcing sellers to cut prices, accept concessions or pull listings altogether (pictured: modern building of Miami beach – which is a buyer’s market)

Redin senior economist Asad Khan

Redin senior economist Asad Khan

Newark, NJ, is the strongest seller’s market, with buyers outnumbering sellers by around 31 percent. 

New Brunswick, NJ, Nassau County, NY, Montgomery County, PA, and Milwaukee, WI have also managed to cling to seller-friendly conditions.  

These areas share several key traits: they have stable, diverse job markets and a very limited housing supply, which keeps demand strong even as the broader market cools.

Many are more affordable communities near major cities, attracting buyers priced out of urban cores. Since they haven’t been heavily influenced by investor activity, inventory remains low and sellers continue to hold the upper hand. 

Milwaukee realtor Ben Ambroch previously told the Daily Mail that, even though the city favors sellers according to housing data: ‘I’d call it more of a balanced market than a sellers market.’

Ambroch said that pricing is key – sellers usually won’t sell unless they get the amount they need for a comfortable monthly payment.

With rates expected to remain stable in the new year, Ambroch anticipates that Milwaukee’s market will stay fairly balanced.

‘Overall, we still have affordable homes, low risk from climate events, and are attractive to buyers relocating from other markets, keeping us slightly favorable to sellers compared to national trends.’ 

In contrast, many Sun Belt markets have cooled, with rising inventory, slower price growth, and increased negotiating power shifting to buyers due to overbuilding and weakening demand.

A buyer's market happens when homes for sale outnumber buyers, who are then in a strong position to negotiate lower prices, demand concessions, and take their time choosing the right property

A buyer’s market happens when homes for sale outnumber buyers, who are then in a strong position to negotiate lower prices, demand concessions, and take their time choosing the right property

Nassau County, NY, is the strongest seller's market (pictured: homes in Nassau County)

Nassau County, NY, is the strongest seller’s market (pictured: homes in Nassau County)

Sun Belt cities, such as San Antonio (pictured), have pushed into buyer's market territory due to the overdevelopment of properties

Sun Belt cities, such as San Antonio (pictured), have pushed into buyer’s market territory due to the overdevelopment of properties 

In places like Florida and Texas, buyers now hold a clear advantage. These states experienced a surge in homebuying during the pandemic, as low mortgage rates and the appeal of more space drew people in.

But that surge has since tapered off. Because builders ramped up construction to meet what turned out to be temporary demand, there are now more homes on the market than there are buyers. 

When supply outpaces demand, prices tend to fall, homeowners can lose equity, and recent buyers may even find themselves underwater – owing more on their mortgage than their home is worth. 

Miami, Nashville, Austin, West Palm Beach, San Antonio, and Houston all have over 100 percent more sellers than buyers – an extremely concerning sign for the state of the housing market and the economy. 

In July, Redfin senior economist Asad Khan said that the last time the housing market was this buyer-friendly was during the 2008 financial crisis: ‘Back then, inventory piled up as foreclosures surged, and demand was weak, meaning buyers had negotiating power.’

Based on the latest Redfin housing report, Khan has a more optimistic outlook for 2026: ‘A modest improvement in housing affordability could bring some homebuyers off the sidelines in 2026, which could narrow the gap between homebuyers and sellers.’

‘But the housing market is likely to remain in buyer’s market territory for the foreseeable future, with sellers cutting prices or offering concessions to lure buyers,’ Khan said. 

Meet Iñaki Godoy: The Rising Star Behind Monkey D. Luffy in Netflix’s One Piece – Bio, Age, Height & More!

Mexican actor Iñaki Godoy has skyrocketed to international fame by starring as the lead in Netflix’s live-action version of One Piece. At 22, Godoy brings to life the character of Monkey D. Luffy, a pirate captain with a stretchy physique on a quest for a famed treasure.

The second season, which debuted on March 10, 2026, has further solidified Godoy’s position as one of Hollywood’s most prominent young Latino actors. Eiichiro Oda, the creator of the series, commended Godoy, saying he perfectly embodied the vibrant character he envisioned years ago.

Who Is Monkey D. Luffy Actor Iñaki Godoy

Early Life and Background: From Mexico City to Global Stardom

Iñaki Godoy Jasso, born on August 25, 2003, in Mexico City, discovered his love for acting at just four years old. His journey began when his mother signed him up for Stage Company, a musical theater program for children.

Godoy’s early stage experiences included roles in various productions, most notably as the Cheshire Cat in Alice in Wonderland. By the age of nine, he expressed a desire to pursue acting as a career. Supported by his family and especially his sister Mia, whom he considers his closest ally, Godoy navigated the early stages of his career in the Mexican entertainment scene.

@inaki.godoyFun fact: my mom doesn’t eat meat 🦛♬ La Chona – Los Tucanes De Tijuana

Iñaki Godoy Age and Personal Details

Standing at 5 feet 6 inches, Godoy is bilingual, speaking both Spanish and English fluently. This linguistic ability has facilitated his seamless move from Mexican roles to those in Hollywood. His first name, Iñaki, is a Basque variant of Ignacio, which translates to “bearer of fire.”

How Iñaki Godoy Landed the Role of Monkey D. Luffy

Godoy was announced as Luffy in 2021 following an extensive global casting search. One Piece creator Eiichiro Oda personally approved the choice after seeing Godoy’s audition. Reflecting on the decision, Oda told The New York Times: “I didn’t expect to find anyone quite like Iñaki Godoy.

When I first created Luffy, I drew the most energetic child I could imagine. Iñaki was just like the person I drew; he felt absolutely natural.” Godoy has described his first day on set as emotional, recalling the weight of honoring a character beloved worldwide for over two decades.

Iñaki Godoy’s Acting Career Before One Piece

Godoy began acting professionally at age 11, securing his first major role in Telemundo’s La Querida del Centauro (2016-2017) as Amadeo “El Gato.” He appeared in Blue Demon and Sin Miedo a la Verdad before landing his first leading film role in Go Youth! (2020).

International audiences first encountered Godoy in Netflix’s Who Killed Sara? (2021), where he played Bruno Lazcano. His first English-language role came in 2022’s The Imperfects, also for Netflix, setting the stage for his One Piece breakthrough.

Iñaki Godoy in Netflix’s One Piece Live-Action: Becoming Luffy

To prepare for Luffy, Godoy underwent martial arts training and even took skydiving lessons. He spent 80 days sailing the Caribbean Sea during filming for Season 1. During production, he met Mayumi Tanaka, the original Japanese voice actress for Luffy—a moment he described as surreal.

For Season 2, which premiered March 10, 2026, Godoy has continued to embrace the role with promotional events including a lucha libre appearance in Mexico City’s Arena México, where he learned wrestling techniques from professional luchadores.

Iñaki Godoy Height, Appearance, and Transformation for Luffy

At 5 feet 6 inches (170 cm), Godoy matches the canonical height of Monkey D. Luffy, who is depicted as 172 cm in the manga. His lean physique, dark curly hair and brown eyes align with the character’s design.

Godoy has noted that his youthful energy and natural expressiveness helped him embody Luffy’s carefree yet determined personality. The role required extensive physical training, including kickboxing lessons he has continued pursuing since filming began.

Personal Life: Family, Relationships, and Interests

Godoy maintains close ties with his family, particularly his younger sister Mia, a professional sailor born exactly one year after him. He has stated she is the “best birthday present” he ever received.

His parents, Katy and Edin Godoy, continue to support his career. Regarding relationships, Godoy keeps his private life out of the public eye and has not disclosed any current romantic partner. Outside acting, he enjoys board games Catan is his current favorite and is learning piano and singing.

Iñaki Godoy Net Worth and Rising Success

Industry estimates place Godoy’s net worth at over $2.5 million as of 2025. Reports indicate he earned approximately $320,000 per episode for the first season of One Piece, with eight episodes in the initial run.

His earnings have likely increased for Season 2 following the show’s global success. Beyond acting, Godoy has also pursued filmmaking, co-writing and directing short films including Blinded and Casiarte during the COVID-19 pandemic.

What Fans and Critics Say About Iñaki Godoy as Luffy

Critics and audiences have widely praised Godoy’s performance as capturing Luffy’s spirit without becoming caricature-like. Fans have noted his ability to balance the character’s goofiness with emotional depth.

During a February 2026 fan event in Mexico City, one attendee told Godoy: “Before I had anxiety attacks, but One Piece taught me not to give up, and thanks to that I am here.” Godoy has called the friendship with his co-stars Emily Rudd, Mackenyu, Jacob Romero and Taz Skylar one of the most rewarding aspects of the journey.

Future Projects and What’s Next for Iñaki Godoy

With One Piece Season 2 now streaming, Godoy has expressed interest in expanding beyond the franchise. In March 2026, he told Hindustan Times he admires Indian cinema, calling RRR an “awesome movie” and expressing desire to work in Bollywood: “Bollywood, I’m waiting.

Knock on the door.” While continuing his role as Luffy for future seasons, Godoy is also developing skills behind the camera, balancing his acting career with aspirations in filmmaking and screenwriting.

Marles Endorses Prime Minister’s National Address as a Significant Move

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Prime Minister Anthony Albanese’s national address last night was an “important step” despite the absence of new announcements, his deputy said this morning.

Unlike his predecessors, Scott Morrison during the COVID-19 pandemic or Kevin Rudd during the Global Financial Crisis, Prime Minister Anthony Albanese did not introduce any groundbreaking policy or legislation after keeping the nation on edge for several hours.

Deputy Prime Minister Richard Marles. (Today)

This morning, Deputy Prime Minister Richard Marles stood by the decision, explaining that addressing the nation is part of the prime minister’s responsibilities.

“Australians are understandably concerned about the developments in the Middle East conflict,” he stated on the Today show.

Marles added, “At times like this, it’s crucial for the Prime Minister to directly communicate with the Australian people.”

Portrait of Prime Minister Anthony Albanese after a pre-recorded Address to the Nation. (Alex Ellinghausen)

When questioned about whether the high-stakes nature of a national address was warranted, Marles argued that it was essential to convey a significant message and that Albanese had clarified the government’s actions.

“The fundamental point, in a calm way, is for the prime minister to be speaking directly to the Australian people at a moment where there is significant anxiety and understandable anxiety about what’s playing out in the Middle East and the uncertainty of the future,” he said.

“That’s exactly what should happen.”

Meanwhile, Marles also said the government supported Western AustraliaA Premier Roger Cook’s actions after Cook enacted a state of emergency, directing fuel companies to hand over sensitive supply information.

However, Marles did not say whether the federal government considered the situation a national state of emergency, commenting only that the decision was within the auspices of the WA premier.

”We support that government in taking the steps it has,” he said.

“We will continue to make decisions in a calm and methodical way.”

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Tragic Turn in Grovetown: Domestic Dispute Leaves Two Dead – Latest Updates from CCSO


COLUMBIA COUNTY, Ga. – Authorities in Columbia County are probing a domestic dispute that escalated into a fatal incident on Wednesday.

The Columbia County Sheriff’s Office reported that officers were dispatched to investigate a shooting on Oxbow Drive, located off Columbia Road, near one of the entrances to the Ivy Falls Plantation subdivision in Grovetown.

According to investigators, the altercation involved 37-year-old Titus Scott, who allegedly shot his wife, 36-year-old Myneika Scott, during a heated argument. Although married with three children, the couple had reportedly been living apart since December 2024.

After the shooting, Titus fled the location in his truck. Deputies tracked him down near Columbia Road at Hereford Farm Road, where they attempted to initiate a traffic stop. Despite deploying spike strips at Hereford Farm Road and Blanchard Road, Titus stopped short of them and reportedly shot himself.

Emergency medical services rushed Myneika to Doctors Hospital, where she was declared dead.

Titus was pronounced dead at the scene.

DFACS responded to the home and family members have been contacted.

Autopsies have been scheduled.

Illinois Athletics Hosts Exciting Fan Events in Indianapolis Ahead of Final Four Showdown


The countdown to the Illini’s Final Four showdown is underway, and while the game is still a few days away, fans in Indianapolis have a host of exciting activities to enjoy leading up to the big event.

On Friday, supporters of the Fighting Illini can catch their team in action during a practice session at Lucas Oil Stadium. Doors to the stadium will open at 10 a.m., with the Illini hitting the court an hour later. This event is complimentary and open to all. More details can be found here.

The festivities continue with the men’s Final Four Fan Fest, launching on Friday at the Indiana Convention Center. From noon until 6 p.m., attendees can dive into interactive games, secure autographs, and maybe even bump into some celebrities and athletes. Tickets are complimentary for those holding 2026 men’s Final Four Game tickets, Capital One cardholders, children aged 12 or younger, military personnel (both active and retired), and college students. Others can join the fun for a ticket price of $15.

Why Australia’s Next Move Could Mirror New Zealand’s Fuel Crisis Strategy

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In Brief

  • New Zealand has a similar plan to Australia for dealing with the fuel crisis.
  • However it appears unlikely to cut its fuel excise.

In addressing its fuel crisis, one of Australia’s nearest neighbors is looking across the Tasman Sea for inspiration and is scrutinizing its own government’s decision to reduce the fuel excise.

Global economies are on edge as tensions flare near the Strait of Hormuz—an essential passage for about 20% of the world’s oil supply—fueling widespread concern.

The precariousness of New Zealand’s fuel supply has been highlighted in the current crisis, especially after the closure of its Marsden Point refinery in 2022, leaving the nation completely dependent on imported fuel.

Unleaded petrol has gone past NZ$3.40 a litre ($2.85), with protests erupting on Auckland’s Waiheke Island last week after a petrol station’s prices jumped to NZ$4.23 per litre ($3.51).

Based on daily reported fuel reserves figures — 53.9 days of petrol, 54.5 days of diesel and 50.4 days of jet fuel — New Zealand appears better prepared than Australia; however, this figure includes ships on the water.

Compared with New Zealand, Australia has roughly 9 days more of each fuel product in reserve, based on each nation’s daily consumption.

New Zealand’s Prime Minister Christopher Luxon has unveiled a similar four-phase plan to Australia, although it is still in the initial phase, with his government noting that what Canberra does next will impact its own response.

New Zealand’s National Fuel Plan states six criteria items to escalate or de-escalate the crisis level, including “any significant policy changes in Australia or from the International Energy Agency”.

So reliant is the plan on Australia’s response that when Prime Minister Anthony Albanese announced a three-month halving of the fuel excise to 26.3 cents per litre on Monday, there were questions whether it would prompt a phase escalation in Auckland.

New Zealand finance minister Nicola Willis determined a meeting on the matter unnecessary, arguing her country’s government had “opted for a different, targeted approach”.

She said Australia’s fuel excise cut, expected to relieve price woes at the bowser, will largely benefit those on higher incomes and doesn’t leave room to pull similar levers if the crisis worsens.

A table comparing Australia's petrol, diesel and jet fuel reserves to that of New Zealand.

“It gives a price signal that increases use at a time when you may need to restrain it,” Willis told the New Zealand Herald on Tuesday, echoing economist concerns that the move would fuel panic buying in Australia.

New Zealand’s fuel excise is just over 70c a litre.

Why is NZ’s strategy linked to Australia’s?

Dr Murat Üngör is a senior lecturer in the University of Otago’s economics department.

He said the integrated nature of the supply chain means that “Australia’s disruptions become New Zealand’s shortages”.

Just like Australia, New Zealand’s petrol, diesel and jet fuel is largely sourced from refineries in Singapore, South Korea and China.

“New Zealand’s crisis level does not hinge on politics. It hinges on supply chains and the reality that New Zealand is the downstream island in a shared fuel system,” he told SBS News.

He explained that the supply chain is “closely integrated with Australia’s through shared shipping routes, wholesale markets, and, as of last week, aligned fuel specifications”.

After the Albanese government reduced petrol and diesel standards to boost supply, the New Zealand government confirmed that its fuel standards would be temporarily aligned with Australia’s.

“Our fuel specifications are already very similar to Australia’s. Fuel refined to Australian standards is compatible with New Zealand vehicles and meets safety and quality expectations,” associate energy minister Shane Jones said.

Following Albanese’s statement that the global economic situation could worsen over the coming months, Australia’s neighbour across the Tasman will surely be keeping a close eye.


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