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Living in a glorified tent: new research shows huge energy gaps between older and newer homes

Every winter, millions of Australians are reminded how hard it is to live comfortably in older homes. Warm air constantly leaks out through poorly insulated ceilings, walls and floors, and through gaps in floors, windows and under doors. Heaters run day and night, sending energy bills soaring. The gap between new and old homes is huge. Since 2004, new homes across most of Australia have to meet minimum energy performance standards. Homes now have to reach 7 stars on the national Home Energy Rating scheme, known as NatHERS (or the equivalent BASIX system in New South Wales). The higher the

Oil prices jump after US strikes on Iran, while shares in Asia are mixed

BANGKOK, July 8, 2026 (AP) — Asian shares were mixed on Wednesday and oil prices surged more than 2% after the U.S. launched strikes on Iran after it said Tehran struck three ships in the Strait of Hormuz. U.S. futures were little changed. Brent crude, the international standard, jumped 2.6% to $76.09 a barrel early Wednesday, while U.S. benchmark crude also gained 2.6% to $72.25 a barrel. Both had declined recently to the levels they were at before the war with Iran began in late February. Shares in Greater China rose while other markets were mostly lower. Tokyo’s Nikkei 225

The NATO summit was supposed to focus on defense spending. Trump’s strikes on Iran changed that

ANKARA, Turkey, July 8, 2026 (AP) — President Donald Trump surprised NATO leaders he is meeting with in Turkey by launching a series of strikes on Iran late Tuesday and revoking a license that allowed Tehran to sell its oil on the world market, a major twist for a summit that had been aimed at showcasing how alliance members were stepping up spending on defense and focusing on support for Ukraine’s war with Russia. The strikes were retaliation after three merchant ships were struck in the Strait of Hormuz, and underscored the fragility of an interim deal to end months

Tehran targets Bahrain and Kuwait after US strikes and limits Iran’s oil sales over ship attacks

DUBAI, United Arab Emirates, July 8, 2026 (AP) — The U.S. military attacked Iran early Wednesday after it said Tehran struck three ships in the Strait of Hormuz, part of an American effort that also revoked the Islamic Republic’s ability to openly sell crude oil in the world market. Iran retaliated with strikes targeting Bahrain and Kuwait. The regional crossfire raised the risks that an interim agreement to halt fighting in the war could break down, putting the Middle East again at risk of a wider conflict. The attacks on shipping and the resulting strikes came during the dayslong funeral

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