Intro

The conflict in the Middle East has deepened, with Yemen's Iran-backed militia group -the Houthis - launching attacks on Israel over the weekend.

The entry of this powerful Iranian proxy has raised fears of further disruption to the global economy.

Then, the federal government says it is trying to avoid COVID-style restrictions amid the fuel crisis.

Commonwealth, state and territory leaders are gathering for a national cabinet meeting to map out a co-ordinated response to fuel security.

Recap the morning's news, politics and global affairs with the Breakfast Wrap.