Pentagon ramps up defence supplies; Iran says it will target US aircraft carrier

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Here’s what we learnt today:

• Iran says it will fire missiles on the USS Abraham Lincoln aircraft carrier and its supporting vessels in the Persian Gulf if they come within range.

• An Iranian military spokesperson mocked US attempts at a ceasefire deal, raising questions about whether a 15-point plan proposed by Washington has a chance to succeed.

• More than 400 petrol stations across Australia ran out of fuel on Wednesday, Energy Minister Chris Bowen said.

• Treasurer Jim Chalmers says the war in the Middle East will push inflation higher for longer.

• Donald Trump has reportedly approved the deployment of thousands of American troops in Iran.

• British police arrested two men in connection with an arson attack on four ambulances belonging to a Jewish charity.