Energy prices have been soaring, as Iran's effective closure of the Strait of Hormuz continues and after Israel struck Iran's South Pars facility - the largest natural gas field in the world.
But in developing news overnight, the Israeli Prime Minister Benjamin Netanyahu says Israel will hold off on any further attacks on the gas field, following a request form the US President.
Meanwhile Israel's Haifa oil refinery has been damaged by what Israeli media describes as fallen shrapnel - following missile barrages from Iran.
- Guest: David Mencer, Government Spokesman for the National Public Diplomacy Directorate in the Office of Israeli Prime Minister Benjamin Netanyahu
- Producer: Grace Stranger
Radio National Breakfast