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Suez Canal blockage lifts oil prices

The shortest shipping route from Europe to Asia remains blocked as tug boats struggle to free one of the world’s largest container ships after it ran aground in the Suez Canal, prompting a rise in oil prices due to supply delays.

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Opinion

Switching power provider in complex market generates no big savings

Australians are urged to shop around to save money on spiralling electricity bills. But a comprehensive survey of Victorian customers shows that the savings are minimal, and reinforces that the market is now so complex that finding the cheapest deals is a challenge, argues Bruce Mountain.